MCKEE CORBETT
MCKEE CORBETT is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Delta Oil & Gas Ltd. It has 1 wellbore on file with the Commission. Reported production runs from July 2013 to August 2026, totalling 14,253 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 $130K, with roughly $24K 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 29 barrels a month. Its strongest month on the record we hold was June 2016, at 146 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 MCKEE CORBETT
- Who operates MCKEE CORBETT?
- MCKEE CORBETT is operated by Delta Oil & Gas Ltd., Railroad Commission of Texas operator number 213703.
- Where is MCKEE CORBETT?
- MCKEE CORBETT is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31527.
- Is MCKEE CORBETT still producing?
- MCKEE CORBETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCKEE CORBETT is August 2026.
- How much has MCKEE CORBETT produced?
- MCKEE CORBETT has reported 14,253 barrels of oil (bbl) to the Railroad Commission of Texas between July 2013 and August 2026, from 1 wellbore.
- How much is MCKEE CORBETT worth?
- The remaining production from MCKEE CORBETT is estimated to be worth about $130K in total as of 27 August 2026, within a range of $71K to $188K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCKEE CORBETT is a fraction of it. The estimate fits an Arps decline curve to the production MCKEE CORBETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCKEE CORBETT is an estimate of value, not an offer and not an appraisal.
- How much income does MCKEE CORBETT generate in a year?
- MCKEE CORBETT is forecast to net about $24K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCKEE CORBETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Delta Oil & Gas Ltd. |
|---|---|
| Field | Corbett (Marble Falls) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 31527 |
| Wellbores | 1 |
| Reported production | 14,253 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $130K |
Where MCKEE CORBETT 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.