MCDANIEL "1054"
MCDANIEL "1054" is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Petex. It has 1 wellbore on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 206,976 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 $187K, with roughly $32K 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 906 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 1,912 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 MCDANIEL "1054"
- Who operates MCDANIEL "1054"?
- MCDANIEL "1054" is operated by Petex, Railroad Commission of Texas operator number 659782.
- Where is MCDANIEL "1054"?
- MCDANIEL "1054" is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 262010.
- Is MCDANIEL "1054" still producing?
- MCDANIEL "1054" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCDANIEL "1054" is August 2026.
- How much has MCDANIEL "1054" produced?
- MCDANIEL "1054" has reported 206,976 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2011 and August 2026, from 1 wellbore.
- How much is MCDANIEL "1054" worth?
- The remaining production from MCDANIEL "1054" is estimated to be worth about $187K in total as of 26 August 2026, within a range of $146K to $228K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCDANIEL "1054" is a fraction of it. The estimate fits an Arps decline curve to the production MCDANIEL "1054" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCDANIEL "1054" is an estimate of value, not an offer and not an appraisal.
- How much income does MCDANIEL "1054" generate in a year?
- MCDANIEL "1054" is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCDANIEL "1054" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petex |
|---|---|
| Field | Ivan, E. (Duffer) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 262010 |
| Wellbores | 1 |
| Reported production | 206,976 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $187K |
Where MCDANIEL "1054" 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.