MCDOWELL GAS UNIT
MCDOWELL GAS UNIT is a Texas oil lease in Wood County, Railroad Commission district 05, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 845 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 $14K, with roughly $3K 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 4 barrels a month. Its strongest month on the record we hold was June 2022, at 77 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 MCDOWELL GAS UNIT
- Who operates MCDOWELL GAS UNIT?
- MCDOWELL GAS UNIT is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is MCDOWELL GAS UNIT?
- MCDOWELL GAS UNIT is a Texas oil lease in Wood County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04420.
- Is MCDOWELL GAS UNIT still producing?
- MCDOWELL GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCDOWELL GAS UNIT is August 2026.
- How much has MCDOWELL GAS UNIT produced?
- MCDOWELL GAS UNIT has reported 845 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 1 wellbore.
- How much is MCDOWELL GAS UNIT worth?
- The remaining production from MCDOWELL GAS UNIT is estimated to be worth about $14K in total as of 26 August 2026, within a range of $0 to $29K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCDOWELL GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCDOWELL GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCDOWELL GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCDOWELL GAS UNIT generate in a year?
- MCDOWELL GAS UNIT is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCDOWELL GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Valence Operating Company |
|---|---|
| Field | Como (Rodessa Hill, Lo.) |
| County | Wood County, Texas |
| RRC district | 05 |
| Lease number | 04420 |
| Wellbores | 1 |
| Reported production | 845 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where MCDOWELL GAS 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.