MERCHANT STATE
MERCHANT STATE is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Earnest Producing Corporation. It has 3 wellbores on file with the Commission. Reported production runs from June 1995 to August 2026, totalling 51,796 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 $16K, with roughly $3K expected over the next twelve months.
| Operator | Earnest Producing Corporation |
|---|---|
| Field | Lehn-Apco, S. (Wichita-Albany) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 34786 |
| Wellbores | 3 |
| Reported production | 51,796 bbl |
| First reported | June 1995 |
| Last reported | August 2026 |
| Estimated royalty value | $16K |
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.