M.E. TURNER
M.E. TURNER is a Texas oil lease in Coleman County, Railroad Commission district 7B, operated by Oil Projects, LLC. It has 3 wellbores on file with the Commission. Reported production runs from June 2015 to August 2026, totalling 6,725 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 $8K, with roughly $2K 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 3 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was April 2020, at 94 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 M.E. TURNER
- Who operates M.E. TURNER?
- M.E. TURNER is operated by Oil Projects, LLC, Railroad Commission of Texas operator number 620578.
- Where is M.E. TURNER?
- M.E. TURNER is a Texas oil lease in Coleman County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31839.
- Is M.E. TURNER still producing?
- M.E. TURNER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for M.E. TURNER is August 2026.
- How much has M.E. TURNER produced?
- M.E. TURNER has reported 6,725 barrels of oil (bbl) to the Railroad Commission of Texas between June 2015 and August 2026, from 3 wellbores.
- How much is M.E. TURNER worth?
- The remaining production from M.E. TURNER is estimated to be worth about $8K in total as of 26 August 2026, within a range of $0 to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in M.E. TURNER is a fraction of it. The estimate fits an Arps decline curve to the production M.E. TURNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for M.E. TURNER is an estimate of value, not an offer and not an appraisal.
- How much income does M.E. TURNER generate in a year?
- M.E. TURNER is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in M.E. TURNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oil Projects, LLC |
|---|---|
| Field | Overall |
| County | Coleman County, Texas |
| RRC district | 7B |
| Lease number | 31839 |
| Wellbores | 3 |
| Reported production | 6,725 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where M.E. TURNER 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.