STEELE-COLLARD
STEELE-COLLARD is a Texas oil lease in Hansford County, Railroad Commission district 10, operated by Merex Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2004 to August 2026, totalling 46,650 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 $6K, with roughly $1K expected over the next twelve months.
| Operator | Merex Resources, Inc. |
|---|---|
| Field | Spearman,N.(Lansing-Kansas City) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 07709 |
| Wellbores | 1 |
| Reported production | 46,650 bbl |
| First reported | September 2004 |
| Last reported | August 2026 |
| Estimated royalty value | $6K |
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.