MCCORMAC GAS UNIT
MCCORMAC GAS UNIT is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Amoco Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 445,082 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 $99K, with roughly $19K 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 797 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 1,270 thousand cubic feet. 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 MCCORMAC GAS UNIT
- Who operates MCCORMAC GAS UNIT?
- MCCORMAC GAS UNIT is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is MCCORMAC GAS UNIT?
- MCCORMAC GAS UNIT is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 027896.
- Is MCCORMAC GAS UNIT still producing?
- MCCORMAC GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCORMAC GAS UNIT is August 2026.
- How much has MCCORMAC GAS UNIT produced?
- MCCORMAC GAS UNIT has reported 445,082 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MCCORMAC GAS UNIT worth?
- The remaining production from MCCORMAC GAS UNIT is estimated to be worth about $99K in total as of 27 August 2026, within a range of $77K to $121K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCORMAC GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCCORMAC GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCORMAC GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCCORMAC GAS UNIT generate in a year?
- MCCORMAC GAS UNIT is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCCORMAC GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 027896 |
| Wellbores | 1 |
| Reported production | 445,082 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $99K |
Where MCCORMAC GAS 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.