ALVORD CADDO CONGLOMERATE UNIT
ALVORD CADDO CONGLOMERATE UNIT is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Mccommons Oil Company. It has 23 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 235,600 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 $1.7M, with roughly $432K 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 636 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was October 2020, at 1,109 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 ALVORD CADDO CONGLOMERATE UNIT
- Who operates ALVORD CADDO CONGLOMERATE UNIT?
- ALVORD CADDO CONGLOMERATE UNIT is operated by Mccommons Oil Company, Railroad Commission of Texas operator number 541740.
- Where is ALVORD CADDO CONGLOMERATE UNIT?
- ALVORD CADDO CONGLOMERATE UNIT is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 16776.
- Is ALVORD CADDO CONGLOMERATE UNIT still producing?
- ALVORD CADDO CONGLOMERATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALVORD CADDO CONGLOMERATE UNIT is August 2026.
- How much has ALVORD CADDO CONGLOMERATE UNIT produced?
- ALVORD CADDO CONGLOMERATE UNIT has reported 235,600 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 23 wellbores.
- How much is ALVORD CADDO CONGLOMERATE UNIT worth?
- The remaining production from ALVORD CADDO CONGLOMERATE UNIT is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.4M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALVORD CADDO CONGLOMERATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ALVORD CADDO CONGLOMERATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALVORD CADDO CONGLOMERATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ALVORD CADDO CONGLOMERATE UNIT generate in a year?
- ALVORD CADDO CONGLOMERATE UNIT is forecast to net about $432K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ALVORD CADDO CONGLOMERATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mccommons Oil Company |
|---|---|
| Field | Alvord (Caddo Conglomerate) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 16776 |
| Wellbores | 23 |
| Reported production | 235,600 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where ALVORD CADDO CONGLOMERATE 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.