LIGHTSEY-MCGEE UNIT
LIGHTSEY-MCGEE UNIT is a Texas oil lease in Robertson County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from April 1997 to August 2026, totalling 261,255 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 $539K, with roughly $182K 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 282 barrels a month. Its strongest month on the record we hold was October 2023, at 1,042 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LIGHTSEY-MCGEE UNIT
- Who operates LIGHTSEY-MCGEE UNIT?
- LIGHTSEY-MCGEE UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is LIGHTSEY-MCGEE UNIT?
- LIGHTSEY-MCGEE UNIT is a Texas oil lease in Robertson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23278.
- Is LIGHTSEY-MCGEE UNIT still producing?
- LIGHTSEY-MCGEE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIGHTSEY-MCGEE UNIT is August 2026.
- How much has LIGHTSEY-MCGEE UNIT produced?
- LIGHTSEY-MCGEE UNIT has reported 261,255 barrels of oil (bbl) to the Railroad Commission of Texas between April 1997 and August 2026, from 1 wellbore.
- How much is LIGHTSEY-MCGEE UNIT worth?
- The remaining production from LIGHTSEY-MCGEE UNIT is estimated to be worth about $539K in total as of 26 August 2026, within a range of $421K to $658K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIGHTSEY-MCGEE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LIGHTSEY-MCGEE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIGHTSEY-MCGEE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LIGHTSEY-MCGEE UNIT generate in a year?
- LIGHTSEY-MCGEE UNIT is forecast to net about $182K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LIGHTSEY-MCGEE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Robertson County, Texas |
| RRC district | 03 |
| Lease number | 23278 |
| Wellbores | 1 |
| Reported production | 261,255 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $539K |
Where LIGHTSEY-MCGEE 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.