MERCER,W.F.-MERCER,W.M., UNIT#1

MERCER,W.F.-MERCER,W.M., UNIT#1 is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Meridian Oil Production Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 34,819 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 $226K, with roughly $43K 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 60 barrels a month. Its strongest month on the record we hold was October 2024, at 95 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MERCER,W.F.-MERCER,W.M., UNIT#1

Who operates MERCER,W.F.-MERCER,W.M., UNIT#1?
MERCER,W.F.-MERCER,W.M., UNIT#1 is operated by Meridian Oil Production Inc., Railroad Commission of Texas operator number 561133.
Where is MERCER,W.F.-MERCER,W.M., UNIT#1?
MERCER,W.F.-MERCER,W.M., UNIT#1 is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 03620.
Is MERCER,W.F.-MERCER,W.M., UNIT#1 still producing?
MERCER,W.F.-MERCER,W.M., UNIT#1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERCER,W.F.-MERCER,W.M., UNIT#1 is August 2026.
How much has MERCER,W.F.-MERCER,W.M., UNIT#1 produced?
MERCER,W.F.-MERCER,W.M., UNIT#1 has reported 34,819 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is MERCER,W.F.-MERCER,W.M., UNIT#1 worth?
The remaining production from MERCER,W.F.-MERCER,W.M., UNIT#1 is estimated to be worth about $226K in total as of 27 August 2026, within a range of $124K to $328K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERCER,W.F.-MERCER,W.M., UNIT#1 is a fraction of it. The estimate fits an Arps decline curve to the production MERCER,W.F.-MERCER,W.M., UNIT#1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERCER,W.F.-MERCER,W.M., UNIT#1 is an estimate of value, not an offer and not an appraisal.
How much income does MERCER,W.F.-MERCER,W.M., UNIT#1 generate in a year?
MERCER,W.F.-MERCER,W.M., UNIT#1 is forecast to net about $43K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MERCER,W.F.-MERCER,W.M., UNIT#1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MERCER,W.F.-MERCER,W.M., UNIT#1 as filed with the Railroad Commission of Texas
OperatorMeridian Oil Production Inc.
FieldLuling-Branyon
CountyCaldwell County, Texas
RRC district01
Lease number03620
Wellbores1
Reported production34,819 bbl
First reported
Last reported
Estimated royalty value$226K

Where MERCER,W.F.-MERCER,W.M., UNIT#1 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.