MEARES ALLEN
MEARES ALLEN is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by WTG Exploration. It has 1 wellbore on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 32,870 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 $484K, with roughly $93K 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 122 barrels a month. Its strongest month on the record we hold was June 2016, at 285 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 MEARES ALLEN
- Who operates MEARES ALLEN?
- MEARES ALLEN is operated by WTG Exploration, Railroad Commission of Texas operator number 945220.
- Where is MEARES ALLEN?
- MEARES ALLEN is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43097.
- Is MEARES ALLEN still producing?
- MEARES ALLEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEARES ALLEN is August 2026.
- How much has MEARES ALLEN produced?
- MEARES ALLEN has reported 32,870 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 1 wellbore.
- How much is MEARES ALLEN worth?
- The remaining production from MEARES ALLEN is estimated to be worth about $484K in total as of 27 August 2026, within a range of $378K to $591K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEARES ALLEN is a fraction of it. The estimate fits an Arps decline curve to the production MEARES ALLEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEARES ALLEN is an estimate of value, not an offer and not an appraisal.
- How much income does MEARES ALLEN generate in a year?
- MEARES ALLEN is forecast to net about $93K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEARES ALLEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WTG Exploration |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 43097 |
| Wellbores | 1 |
| Reported production | 32,870 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $484K |
Where MEARES ALLEN 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.