MCBIRNEY UNIT NO. 2
MCBIRNEY UNIT NO. 2 is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Exxon Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,531,522 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 $60K, with roughly $13K 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 713 thousand cubic feet a month. Its strongest month on the record we hold was November 2024, at 1,644 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 MCBIRNEY UNIT NO. 2
- Who operates MCBIRNEY UNIT NO. 2?
- MCBIRNEY UNIT NO. 2 is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is MCBIRNEY UNIT NO. 2?
- MCBIRNEY UNIT NO. 2 is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 062048.
- Is MCBIRNEY UNIT NO. 2 still producing?
- MCBIRNEY UNIT NO. 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCBIRNEY UNIT NO. 2 is August 2026.
- How much has MCBIRNEY UNIT NO. 2 produced?
- MCBIRNEY UNIT NO. 2 has reported 3,531,522 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MCBIRNEY UNIT NO. 2 worth?
- The remaining production from MCBIRNEY UNIT NO. 2 is estimated to be worth about $60K in total as of 26 August 2026, within a range of $47K to $73K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCBIRNEY UNIT NO. 2 is a fraction of it. The estimate fits an Arps decline curve to the production MCBIRNEY UNIT NO. 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCBIRNEY UNIT NO. 2 is an estimate of value, not an offer and not an appraisal.
- How much income does MCBIRNEY UNIT NO. 2 generate in a year?
- MCBIRNEY UNIT NO. 2 is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCBIRNEY UNIT NO. 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Block 16 (Ellen.) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 062048 |
| Wellbores | 1 |
| Reported production | 3,531,522 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $60K |
Where MCBIRNEY UNIT NO. 2 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.