MEEKER-CANADIAN 108-109E
MEEKER-CANADIAN 108-109E is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Primexx Operating Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 2019 to August 2026, totalling 729,895 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 $1.6M, with roughly $516K 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 835 barrels a month, about 418 per wellbore. Its strongest month on the record we hold was March 2019, at 32,611 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 MEEKER-CANADIAN 108-109E
- Who operates MEEKER-CANADIAN 108-109E?
- MEEKER-CANADIAN 108-109E is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is MEEKER-CANADIAN 108-109E?
- MEEKER-CANADIAN 108-109E is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51751.
- Is MEEKER-CANADIAN 108-109E still producing?
- MEEKER-CANADIAN 108-109E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEEKER-CANADIAN 108-109E is August 2026.
- How much has MEEKER-CANADIAN 108-109E produced?
- MEEKER-CANADIAN 108-109E has reported 729,895 barrels of oil (bbl) to the Railroad Commission of Texas between January 2019 and August 2026, from 2 wellbores.
- How much is MEEKER-CANADIAN 108-109E worth?
- The remaining production from MEEKER-CANADIAN 108-109E is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEEKER-CANADIAN 108-109E is a fraction of it. The estimate fits an Arps decline curve to the production MEEKER-CANADIAN 108-109E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEEKER-CANADIAN 108-109E is an estimate of value, not an offer and not an appraisal.
- How much income does MEEKER-CANADIAN 108-109E generate in a year?
- MEEKER-CANADIAN 108-109E is forecast to net about $516K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEEKER-CANADIAN 108-109E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 51751 |
| Wellbores | 2 |
| Reported production | 729,895 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where MEEKER-CANADIAN 108-109E 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.