MERCHANT ESTATE WEST A 16-23

MERCHANT ESTATE WEST A 16-23 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by De Central Operating, Llc. It has 1 wellbore on file with the Commission. Reported production runs from October 2025 to August 2026, totalling 51,873 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $643K, with roughly $118K expected over the next twelve months.

OperatorDe Central Operating, Llc
FieldSpraberry (Trend Area)
CountyReagan County, Texas
RRC district7C
Lease number23397
Wellbores1
Reported production51,873 bbl
First reportedOctober 2025
Last reportedAugust 2026
Estimated royalty value$643K

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.