MCDERMOTT STATE UNIT
MCDERMOTT STATE UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Callon (Permian) LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2021 to August 2026, totalling 1,408,604 thousand cubic feet. 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 $786K, with roughly $495K 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 8,822 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 100,121 thousand cubic feet. 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 MCDERMOTT STATE UNIT
- Who operates MCDERMOTT STATE UNIT?
- MCDERMOTT STATE UNIT is operated by Callon (Permian) LLC, Railroad Commission of Texas operator number 124807.
- Where is MCDERMOTT STATE UNIT?
- MCDERMOTT STATE UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 291890.
- Is MCDERMOTT STATE UNIT still producing?
- MCDERMOTT STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCDERMOTT STATE UNIT is August 2026.
- How much has MCDERMOTT STATE UNIT produced?
- MCDERMOTT STATE UNIT has reported 1,408,604 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2021 and August 2026, from 1 wellbore.
- How much is MCDERMOTT STATE UNIT worth?
- The remaining production from MCDERMOTT STATE UNIT is estimated to be worth about $786K in total as of 26 August 2026, within a range of $652K to $920K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCDERMOTT STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCDERMOTT STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCDERMOTT STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCDERMOTT STATE UNIT generate in a year?
- MCDERMOTT STATE UNIT is forecast to net about $495K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCDERMOTT STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon (Permian) LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 291890 |
| Wellbores | 1 |
| Reported production | 1,408,604 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $786K |
Where MCDERMOTT STATE UNIT 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.