MYERS UNIT
MYERS UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Bridge Oil Company, L. P. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 208,336 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 $1.0M, with roughly $188K 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 212 barrels a month, about 106 per wellbore. Its strongest month on the record we hold was October 2016, at 559 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MYERS UNIT
- Who operates MYERS UNIT?
- MYERS UNIT is operated by Bridge Oil Company, L. P., Railroad Commission of Texas operator number 091093.
- Where is MYERS UNIT?
- MYERS UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 12413.
- Is MYERS UNIT still producing?
- MYERS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MYERS UNIT is August 2026.
- How much has MYERS UNIT produced?
- MYERS UNIT has reported 208,336 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MYERS UNIT worth?
- The remaining production from MYERS UNIT is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $802K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MYERS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MYERS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MYERS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MYERS UNIT generate in a year?
- MYERS UNIT is forecast to net about $188K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MYERS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bridge Oil Company, L. P. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 12413 |
| Wellbores | 2 |
| Reported production | 208,336 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where MYERS UNIT 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.