MERRITT, HOWARD
MERRITT, HOWARD 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 April 2007 to August 2026, totalling 2,016,567 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 $501K, with roughly $79K 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 3,405 thousand cubic feet a month. Its strongest month on the record we hold was March 2020, at 8,241 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 MERRITT, HOWARD
- Who operates MERRITT, HOWARD?
- MERRITT, HOWARD is operated by J-W Operating Co., Railroad Commission of Texas operator number 427960.
- Where is MERRITT, HOWARD?
- MERRITT, HOWARD is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 231517.
- Is MERRITT, HOWARD still producing?
- MERRITT, HOWARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERRITT, HOWARD is August 2026.
- How much has MERRITT, HOWARD produced?
- MERRITT, HOWARD has reported 2,016,567 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2007 and August 2026, from 1 wellbore.
- How much is MERRITT, HOWARD worth?
- The remaining production from MERRITT, HOWARD is estimated to be worth about $501K in total as of 27 August 2026, within a range of $416K to $587K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERRITT, HOWARD is a fraction of it. The estimate fits an Arps decline curve to the production MERRITT, HOWARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERRITT, HOWARD is an estimate of value, not an offer and not an appraisal.
- How much income does MERRITT, HOWARD generate in a year?
- MERRITT, HOWARD is forecast to net about $79K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MERRITT, HOWARD 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 | 231517 |
| Wellbores | 1 |
| Reported production | 2,016,567 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $501K |
Where MERRITT, HOWARD 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.