MERCER, F. M.
MERCER, F. M. is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Meridian Oil Production Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 72,734 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 $303K, with roughly $58K 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 83 barrels a month, about 41 per wellbore. Its strongest month on the record we hold was October 2022, at 181 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 MERCER, F. M.
- Who operates MERCER, F. M.?
- MERCER, F. M. is operated by Meridian Oil Production Inc., Railroad Commission of Texas operator number 561133.
- Where is MERCER, F. M.?
- MERCER, F. M. is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 01087.
- Is MERCER, F. M. still producing?
- MERCER, F. M. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERCER, F. M. is August 2026.
- How much has MERCER, F. M. produced?
- MERCER, F. M. has reported 72,734 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MERCER, F. M. worth?
- The remaining production from MERCER, F. M. is estimated to be worth about $303K in total as of 27 August 2026, within a range of $167K to $439K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERCER, F. M. is a fraction of it. The estimate fits an Arps decline curve to the production MERCER, F. M. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERCER, F. M. is an estimate of value, not an offer and not an appraisal.
- How much income does MERCER, F. M. generate in a year?
- MERCER, F. M. is forecast to net about $58K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MERCER, F. M. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Oil Production Inc. |
|---|---|
| Field | Luling-Branyon |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 01087 |
| Wellbores | 2 |
| Reported production | 72,734 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $303K |
Where MERCER, F. M. 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.