MERRILL
MERRILL is a Texas gas lease in Ellis County, Railroad Commission district 09, operated by Titan Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2010 to August 2026, totalling 1,505,459 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 $482K, with roughly $73K 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 4,113 thousand cubic feet a month. Its strongest month on the record we hold was February 2017, at 8,334 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 MERRILL
- Who operates MERRILL?
- MERRILL is operated by Titan Operating, LLC, Railroad Commission of Texas operator number 860832.
- Where is MERRILL?
- MERRILL is a Texas gas lease in Ellis County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 259194.
- Is MERRILL still producing?
- MERRILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERRILL is August 2026.
- How much has MERRILL produced?
- MERRILL has reported 1,505,459 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2010 and August 2026, from 1 wellbore.
- How much is MERRILL worth?
- The remaining production from MERRILL is estimated to be worth about $482K in total as of 27 August 2026, within a range of $400K to $563K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERRILL is a fraction of it. The estimate fits an Arps decline curve to the production MERRILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERRILL is an estimate of value, not an offer and not an appraisal.
- How much income does MERRILL generate in a year?
- MERRILL is forecast to net about $73K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MERRILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Titan Operating, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Ellis County, Texas |
| RRC district | 09 |
| Lease number | 259194 |
| Wellbores | 1 |
| Reported production | 1,505,459 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $482K |
Where MERRILL 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.