DEMERE
DEMERE is a Texas oil lease in Coke County, Railroad Commission district 08, operated by L.C.S. Production Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 22,578 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 $220K, with roughly $42K 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 50 barrels a month. Its strongest month on the record we hold was July 2016, at 287 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 DEMERE
- Who operates DEMERE?
- DEMERE is operated by L.C.S. Production Company, Railroad Commission of Texas operator number 479574.
- Where is DEMERE?
- DEMERE is a Texas oil lease in Coke County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43959.
- Is DEMERE still producing?
- DEMERE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DEMERE is August 2026.
- How much has DEMERE produced?
- DEMERE has reported 22,578 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 1 wellbore.
- How much is DEMERE worth?
- The remaining production from DEMERE is estimated to be worth about $220K in total as of 27 August 2026, within a range of $121K to $319K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DEMERE is a fraction of it. The estimate fits an Arps decline curve to the production DEMERE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DEMERE is an estimate of value, not an offer and not an appraisal.
- How much income does DEMERE generate in a year?
- DEMERE is forecast to net about $42K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DEMERE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | L.C.S. Production Company |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Coke County, Texas |
| RRC district | 08 |
| Lease number | 43959 |
| Wellbores | 1 |
| Reported production | 22,578 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $220K |
Where DEMERE 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.