MERRELL GAS UNIT
MERRELL GAS UNIT is a Texas gas lease in Denton County, Railroad Commission district 09, operated by J-W Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 1,771,321 thousand cubic feet. 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 $597K, with roughly $119K 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 5,465 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 10,055 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MERRELL GAS UNIT
- Who operates MERRELL GAS UNIT?
- MERRELL GAS UNIT is operated by J-W Operating Co., Railroad Commission of Texas operator number 427960.
- Where is MERRELL GAS UNIT?
- MERRELL GAS UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 238828.
- Is MERRELL GAS UNIT still producing?
- MERRELL GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERRELL GAS UNIT is August 2026.
- How much has MERRELL GAS UNIT produced?
- MERRELL GAS UNIT has reported 1,771,321 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2008 and August 2026, from 1 wellbore.
- How much is MERRELL GAS UNIT worth?
- The remaining production from MERRELL GAS UNIT is estimated to be worth about $597K in total as of 26 August 2026, within a range of $495K to $698K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERRELL GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MERRELL GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERRELL GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MERRELL GAS UNIT generate in a year?
- MERRELL GAS UNIT is forecast to net about $119K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MERRELL GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | J-W Operating Co. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 238828 |
| Wellbores | 1 |
| Reported production | 1,771,321 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $597K |
Where MERRELL GAS UNIT 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.