DUTY GAS UNIT
DUTY GAS UNIT is a Texas gas lease in Live Oak County, Railroad Commission district 02, operated by Merit Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from August 1999 to August 2026, totalling 1,541,694 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 a standard royalty share at about $6K, with roughly $1K expected over the next twelve months.
| Operator | Merit Energy Company |
|---|---|
| Field | Maxine, E. (10,000) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 175658 |
| Wellbores | 1 |
| Reported production | 1,541,694 mcf |
| First reported | August 1999 |
| Last reported | August 2026 |
| Estimated royalty value | $6K |
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.