BARBEE GAS UNIT #1
BARBEE GAS UNIT #1 is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Mcbee Operating Company, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from December 2005 to August 2026, totalling 759,802 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 $207K, with roughly $35K 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 1,057 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 2,254 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BARBEE GAS UNIT #1
- Who operates BARBEE GAS UNIT #1?
- BARBEE GAS UNIT #1 is operated by Mcbee Operating Company, L.L.C., Railroad Commission of Texas operator number 537718.
- Where is BARBEE GAS UNIT #1?
- BARBEE GAS UNIT #1 is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 220366.
- Is BARBEE GAS UNIT #1 still producing?
- BARBEE GAS UNIT #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARBEE GAS UNIT #1 is August 2026.
- How much has BARBEE GAS UNIT #1 produced?
- BARBEE GAS UNIT #1 has reported 759,802 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2005 and August 2026, from 1 wellbore.
- How much is BARBEE GAS UNIT #1 worth?
- The remaining production from BARBEE GAS UNIT #1 is estimated to be worth about $207K in total as of 27 August 2026, within a range of $172K to $243K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARBEE GAS UNIT #1 is a fraction of it. The estimate fits an Arps decline curve to the production BARBEE GAS UNIT #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARBEE GAS UNIT #1 is an estimate of value, not an offer and not an appraisal.
- How much income does BARBEE GAS UNIT #1 generate in a year?
- BARBEE GAS UNIT #1 is forecast to net about $35K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BARBEE GAS UNIT #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mcbee Operating Company, L.L.C. |
|---|---|
| Field | Rosewood (Cotton Valley) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 220366 |
| Wellbores | 1 |
| Reported production | 759,802 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $207K |
Where BARBEE GAS UNIT #1 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.