MERCANTILE C
MERCANTILE C is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Burnett Oil Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 2,272,657 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 $501K, with roughly $112K 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 5,408 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 13,812 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MERCANTILE C
- Who operates MERCANTILE C?
- MERCANTILE C is operated by Burnett Oil Co., Inc., Railroad Commission of Texas operator number 110016.
- Where is MERCANTILE C?
- MERCANTILE C is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 244306.
- Is MERCANTILE C still producing?
- MERCANTILE C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERCANTILE C is August 2026.
- How much has MERCANTILE C produced?
- MERCANTILE C has reported 2,272,657 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2008 and August 2026, from 1 wellbore.
- How much is MERCANTILE C worth?
- The remaining production from MERCANTILE C is estimated to be worth about $501K in total as of 26 August 2026, within a range of $415K to $586K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERCANTILE C is a fraction of it. The estimate fits an Arps decline curve to the production MERCANTILE C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERCANTILE C is an estimate of value, not an offer and not an appraisal.
- How much income does MERCANTILE C generate in a year?
- MERCANTILE C is forecast to net about $112K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MERCANTILE C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burnett Oil Co., Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 244306 |
| Wellbores | 1 |
| Reported production | 2,272,657 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $501K |
Where MERCANTILE C 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.