LERNER, M. C.
LERNER, M. C. is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Lamar Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 20,856 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 $504K, with roughly $97K 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 132 barrels a month. Its strongest month on the record we hold was December 2020, at 189 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 LERNER, M. C.
- Who operates LERNER, M. C.?
- LERNER, M. C. is operated by Lamar Oil Company, Railroad Commission of Texas operator number 483949.
- Where is LERNER, M. C.?
- LERNER, M. C. is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33328.
- Is LERNER, M. C. still producing?
- LERNER, M. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LERNER, M. C. is August 2026.
- How much has LERNER, M. C. produced?
- LERNER, M. C. has reported 20,856 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 1 wellbore.
- How much is LERNER, M. C. worth?
- The remaining production from LERNER, M. C. is estimated to be worth about $504K in total as of 26 August 2026, within a range of $393K to $614K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LERNER, M. C. is a fraction of it. The estimate fits an Arps decline curve to the production LERNER, M. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LERNER, M. C. is an estimate of value, not an offer and not an appraisal.
- How much income does LERNER, M. C. generate in a year?
- LERNER, M. C. is forecast to net about $97K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LERNER, M. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lamar Oil Company |
|---|---|
| Field | Lerner (Strawn 4550) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 33328 |
| Wellbores | 1 |
| Reported production | 20,856 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $504K |
Where LERNER, M. C. 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.