STATE MERCURY XL 7 E
STATE MERCURY XL 7 E is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2025 to August 2026, totalling 1,277,534 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 $79.8M, with roughly $16.8M 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 157,999 thousand cubic feet a month. Its strongest month on the record we hold was January 2026, at 260,921 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 STATE MERCURY XL 7 E
- Who operates STATE MERCURY XL 7 E?
- STATE MERCURY XL 7 E is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is STATE MERCURY XL 7 E?
- STATE MERCURY XL 7 E is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 300994.
- Is STATE MERCURY XL 7 E still producing?
- STATE MERCURY XL 7 E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE MERCURY XL 7 E is August 2026.
- How much has STATE MERCURY XL 7 E produced?
- STATE MERCURY XL 7 E has reported 1,277,534 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2025 and August 2026, from 1 wellbore.
- How much is STATE MERCURY XL 7 E worth?
- The remaining production from STATE MERCURY XL 7 E is estimated to be worth about $79.8M in total as of 26 August 2026, within a range of $65.4M to $94.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE MERCURY XL 7 E is a fraction of it. The estimate fits an Arps decline curve to the production STATE MERCURY XL 7 E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE MERCURY XL 7 E is an estimate of value, not an offer and not an appraisal.
- How much income does STATE MERCURY XL 7 E generate in a year?
- STATE MERCURY XL 7 E is forecast to net about $16.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE MERCURY XL 7 E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 300994 |
| Wellbores | 1 |
| Reported production | 1,277,534 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $79.8M |
Where STATE MERCURY XL 7 E 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.