MCGARY 16
MCGARY 16 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Upcurve Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 624,900 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 $4.7M, with roughly $959K 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 14,122 thousand cubic feet a month. Its strongest month on the record we hold was January 2022, at 20,805 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 MCGARY 16
- Who operates MCGARY 16?
- MCGARY 16 is operated by Upcurve Energy, LLC, Railroad Commission of Texas operator number 878506.
- Where is MCGARY 16?
- MCGARY 16 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 291933.
- Is MCGARY 16 still producing?
- MCGARY 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGARY 16 is August 2026.
- How much has MCGARY 16 produced?
- MCGARY 16 has reported 624,900 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2021 and August 2026, from 1 wellbore.
- How much is MCGARY 16 worth?
- The remaining production from MCGARY 16 is estimated to be worth about $4.7M in total as of 26 August 2026, within a range of $3.9M to $5.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGARY 16 is a fraction of it. The estimate fits an Arps decline curve to the production MCGARY 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGARY 16 is an estimate of value, not an offer and not an appraisal.
- How much income does MCGARY 16 generate in a year?
- MCGARY 16 is forecast to net about $959K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCGARY 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Upcurve Energy, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 291933 |
| Wellbores | 1 |
| Reported production | 624,900 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.7M |
Where MCGARY 16 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.