MCDAVID, EULA
MCDAVID, EULA is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Exxon Corp. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 112,669 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 $324K, with roughly $62K 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 85 barrels a month, about 42 per wellbore. Its strongest month on the record we hold was November 2023, at 168 barrels. 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 MCDAVID, EULA
- Who operates MCDAVID, EULA?
- MCDAVID, EULA is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is MCDAVID, EULA?
- MCDAVID, EULA is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06977.
- Is MCDAVID, EULA still producing?
- MCDAVID, EULA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCDAVID, EULA is August 2026.
- How much has MCDAVID, EULA produced?
- MCDAVID, EULA has reported 112,669 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MCDAVID, EULA worth?
- The remaining production from MCDAVID, EULA is estimated to be worth about $324K in total as of 26 August 2026, within a range of $178K to $469K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCDAVID, EULA is a fraction of it. The estimate fits an Arps decline curve to the production MCDAVID, EULA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCDAVID, EULA is an estimate of value, not an offer and not an appraisal.
- How much income does MCDAVID, EULA generate in a year?
- MCDAVID, EULA is forecast to net about $62K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCDAVID, EULA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | East Texas |
| County | Rusk County, Texas |
| RRC district | 6E |
| Lease number | 06977 |
| Wellbores | 2 |
| Reported production | 112,669 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $324K |
Where MCDAVID, EULA 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.