MERCER, F.M. & W.M.
MERCER, F.M. & W.M. is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Texas Petroleum Investment Co. It has 1 wellbore on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 38,049 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 $2.8M, with roughly $628K 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 883 barrels a month. Its strongest month on the record we hold was August 2023, at 2,342 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 MERCER, F.M. & W.M.
- Who operates MERCER, F.M. & W.M.?
- MERCER, F.M. & W.M. is operated by Texas Petroleum Investment Co., Railroad Commission of Texas operator number 847710.
- Where is MERCER, F.M. & W.M.?
- MERCER, F.M. & W.M. is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21177.
- Is MERCER, F.M. & W.M. still producing?
- MERCER, F.M. & W.M. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERCER, F.M. & W.M. is August 2026.
- How much has MERCER, F.M. & W.M. produced?
- MERCER, F.M. & W.M. has reported 38,049 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is MERCER, F.M. & W.M. worth?
- The remaining production from MERCER, F.M. & W.M. is estimated to be worth about $2.8M in total as of 27 August 2026, within a range of $2.1M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERCER, F.M. & W.M. is a fraction of it. The estimate fits an Arps decline curve to the production MERCER, F.M. & W.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. & W.M. is an estimate of value, not an offer and not an appraisal.
- How much income does MERCER, F.M. & W.M. generate in a year?
- MERCER, F.M. & W.M. is forecast to net about $628K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MERCER, F.M. & W.M. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texas Petroleum Investment Co. |
|---|---|
| Field | Luling-Branyon |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 21177 |
| Wellbores | 1 |
| Reported production | 38,049 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.8M |
Where MERCER, F.M. & W.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.