MCA STATE UNIT 239-240
MCA STATE UNIT 239-240 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 5 wellbores on file with the Commission. Reported production runs from February 2021 to August 2026, totalling 819,555 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.8M, with roughly $1.1M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 2,740 barrels a month, about 548 per wellbore. Its strongest month on the record we hold was February 2023, at 67,060 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MCA STATE UNIT 239-240
- Who operates MCA STATE UNIT 239-240?
- MCA STATE UNIT 239-240 is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is MCA STATE UNIT 239-240?
- MCA STATE UNIT 239-240 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55918.
- Is MCA STATE UNIT 239-240 still producing?
- MCA STATE UNIT 239-240 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCA STATE UNIT 239-240 is August 2026.
- How much has MCA STATE UNIT 239-240 produced?
- MCA STATE UNIT 239-240 has reported 819,555 barrels of oil (bbl) to the Railroad Commission of Texas between February 2021 and August 2026, from 5 wellbores.
- How much is MCA STATE UNIT 239-240 worth?
- The remaining production from MCA STATE UNIT 239-240 is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCA STATE UNIT 239-240 is a fraction of it. The estimate fits an Arps decline curve to the production MCA STATE UNIT 239-240 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCA STATE UNIT 239-240 is an estimate of value, not an offer and not an appraisal.
- How much income does MCA STATE UNIT 239-240 generate in a year?
- MCA STATE UNIT 239-240 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCA STATE UNIT 239-240 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 55918 |
| Wellbores | 5 |
| Reported production | 819,555 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where MCA STATE UNIT 239-240 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.