PARDUE, A. E. ACT. #1
PARDUE, A. E. ACT. #1 is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Merit Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 293,867 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 $1.7M, with roughly $393K 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 606 barrels a month. Its strongest month on the record we hold was July 2021, at 919 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 PARDUE, A. E. ACT. #1
- Who operates PARDUE, A. E. ACT. #1?
- PARDUE, A. E. ACT. #1 is operated by Merit Energy Company, Railroad Commission of Texas operator number 561136.
- Where is PARDUE, A. E. ACT. #1?
- PARDUE, A. E. ACT. #1 is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 01851.
- Is PARDUE, A. E. ACT. #1 still producing?
- PARDUE, A. E. ACT. #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARDUE, A. E. ACT. #1 is August 2026.
- How much has PARDUE, A. E. ACT. #1 produced?
- PARDUE, A. E. ACT. #1 has reported 293,867 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PARDUE, A. E. ACT. #1 worth?
- The remaining production from PARDUE, A. E. ACT. #1 is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.4M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARDUE, A. E. ACT. #1 is a fraction of it. The estimate fits an Arps decline curve to the production PARDUE, A. E. ACT. #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARDUE, A. E. ACT. #1 is an estimate of value, not an offer and not an appraisal.
- How much income does PARDUE, A. E. ACT. #1 generate in a year?
- PARDUE, A. E. ACT. #1 is forecast to net about $393K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARDUE, A. E. ACT. #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Merit Energy Company |
|---|---|
| Field | Pardue (Ellenburger) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 01851 |
| Wellbores | 1 |
| Reported production | 293,867 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where PARDUE, A. E. ACT. #1 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.