REAGAN-MERCER
REAGAN-MERCER is a Texas oil lease in Jack County, Railroad Commission district 09, operated by CD Consulting & Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 26,315 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 $155K, with roughly $30K 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 38 barrels a month. Its strongest month on the record we hold was May 2019, at 174 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 REAGAN-MERCER
- Who operates REAGAN-MERCER?
- REAGAN-MERCER is operated by CD Consulting & Operating Co., Railroad Commission of Texas operator number 120043.
- Where is REAGAN-MERCER?
- REAGAN-MERCER is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 25012.
- Is REAGAN-MERCER still producing?
- REAGAN-MERCER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REAGAN-MERCER is August 2026.
- How much has REAGAN-MERCER produced?
- REAGAN-MERCER has reported 26,315 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is REAGAN-MERCER worth?
- The remaining production from REAGAN-MERCER is estimated to be worth about $155K in total as of 26 August 2026, within a range of $85K to $224K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REAGAN-MERCER is a fraction of it. The estimate fits an Arps decline curve to the production REAGAN-MERCER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REAGAN-MERCER is an estimate of value, not an offer and not an appraisal.
- How much income does REAGAN-MERCER generate in a year?
- REAGAN-MERCER is forecast to net about $30K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REAGAN-MERCER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CD Consulting & Operating Co. |
|---|---|
| Field | Lost Valley (Caddo) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 25012 |
| Wellbores | 1 |
| Reported production | 26,315 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $155K |
Where REAGAN-MERCER 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.