MCENTIRE

MCENTIRE is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Strand Energy, L.C. It has 3 wellbores on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 103,905 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 $1.1M, with roughly $323K 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 328 barrels a month, about 109 per wellbore. Its strongest month on the record we hold was September 2016, at 1,729 barrels. 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 MCENTIRE

Who operates MCENTIRE?
MCENTIRE is operated by Strand Energy, L.C., Railroad Commission of Texas operator number 824758.
Where is MCENTIRE?
MCENTIRE is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46904.
Is MCENTIRE still producing?
MCENTIRE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCENTIRE is August 2026.
How much has MCENTIRE produced?
MCENTIRE has reported 103,905 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 3 wellbores.
How much is MCENTIRE worth?
The remaining production from MCENTIRE is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $831K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCENTIRE is a fraction of it. The estimate fits an Arps decline curve to the production MCENTIRE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCENTIRE is an estimate of value, not an offer and not an appraisal.
How much income does MCENTIRE generate in a year?
MCENTIRE is forecast to net about $323K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCENTIRE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MCENTIRE as filed with the Railroad Commission of Texas
OperatorStrand Energy, L.C.
FieldGarden City, S. (Wolfcamp)
CountySterling County, Texas
RRC district08
Lease number46904
Wellbores3
Reported production103,905 bbl
First reported
Last reported
Estimated royalty value$1.1M

Where MCENTIRE 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.