MERCER, F.M. & W.M.
MERCER, F.M. & W.M. is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Texas Petroleum Investment Co. It has 1 wellbore on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 38,049 barrels. 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 $65K, with roughly $15K expected over the next twelve months.
| Operator | Texas Petroleum Investment Co. |
|---|---|
| Field | Luling-Branyon |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 21177 |
| Wellbores | 1 |
| Reported production | 38,049 bbl |
| First reported | July 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $65K |
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.