MCGREW UNIT
MCGREW UNIT is a Texas oil lease in Wilson County, Railroad Commission district 01, operated by Production Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2021 to August 2026, totalling 210 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 $4K, with roughly $722 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 barrels a month. Its strongest month on the record we hold was February 2022, at 167 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MCGREW UNIT
- Who operates MCGREW UNIT?
- MCGREW UNIT is operated by Production Resources, Inc., Railroad Commission of Texas operator number 680845.
- Where is MCGREW UNIT?
- MCGREW UNIT is a Texas oil lease in Wilson County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20470.
- Is MCGREW UNIT still producing?
- MCGREW UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGREW UNIT is August 2026.
- How much has MCGREW UNIT produced?
- MCGREW UNIT has reported 210 barrels of oil (bbl) to the Railroad Commission of Texas between January 2021 and August 2026, from 1 wellbore.
- How much is MCGREW UNIT worth?
- The remaining production from MCGREW UNIT is estimated to be worth about $4K in total as of 26 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGREW UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCGREW UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGREW UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCGREW UNIT generate in a year?
- MCGREW UNIT is forecast to net about $722 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCGREW UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Production Resources, Inc. |
|---|---|
| Field | Pandora, NW (Austin Chalk) |
| County | Wilson County, Texas |
| RRC district | 01 |
| Lease number | 20470 |
| Wellbores | 1 |
| Reported production | 210 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where MCGREW UNIT 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.