MCCUNE, JAMES E.
MCCUNE, JAMES E. is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Odegard Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 308,120 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 $10K, with roughly $1K 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 75 thousand cubic feet a month. Its strongest month on the record we hold was January 2020, at 749 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MCCUNE, JAMES E.
- Who operates MCCUNE, JAMES E.?
- MCCUNE, JAMES E. is operated by Odegard Energy, Inc., Railroad Commission of Texas operator number 618230.
- Where is MCCUNE, JAMES E.?
- MCCUNE, JAMES E. is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 097483.
- Is MCCUNE, JAMES E. still producing?
- MCCUNE, JAMES E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCUNE, JAMES E. is August 2026.
- How much has MCCUNE, JAMES E. produced?
- MCCUNE, JAMES E. has reported 308,120 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MCCUNE, JAMES E. worth?
- The remaining production from MCCUNE, JAMES E. is estimated to be worth about $10K in total as of 26 August 2026, within a range of $6K to $15K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCUNE, JAMES E. is a fraction of it. The estimate fits an Arps decline curve to the production MCCUNE, JAMES E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCUNE, JAMES E. is an estimate of value, not an offer and not an appraisal.
- How much income does MCCUNE, JAMES E. generate in a year?
- MCCUNE, JAMES E. is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCCUNE, JAMES E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Odegard Energy, Inc. |
|---|---|
| Field | Minden (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 097483 |
| Wellbores | 1 |
| Reported production | 308,120 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where MCCUNE, JAMES E. 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.