MERWORTH
MERWORTH is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Sandridge Expl. And Prod., LLC. It has 5 wellbores on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 336,314 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 $2.4M, with roughly $518K 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 692 barrels a month, about 138 per wellbore. Its strongest month on the record we hold was June 2021, at 1,304 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 MERWORTH
- Who operates MERWORTH?
- MERWORTH is operated by Sandridge Expl. And Prod., LLC, Railroad Commission of Texas operator number 748011.
- Where is MERWORTH?
- MERWORTH is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69598.
- Is MERWORTH still producing?
- MERWORTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERWORTH is August 2026.
- How much has MERWORTH produced?
- MERWORTH has reported 336,314 barrels of oil (bbl) to the Railroad Commission of Texas between June 2010 and August 2026, from 5 wellbores.
- How much is MERWORTH worth?
- The remaining production from MERWORTH is estimated to be worth about $2.4M in total as of 27 August 2026, within a range of $1.9M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERWORTH is a fraction of it. The estimate fits an Arps decline curve to the production MERWORTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERWORTH is an estimate of value, not an offer and not an appraisal.
- How much income does MERWORTH generate in a year?
- MERWORTH is forecast to net about $518K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MERWORTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sandridge Expl. And Prod., LLC |
|---|---|
| Field | Tex-Mex, Se. (Wichita Albany) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 69598 |
| Wellbores | 5 |
| Reported production | 336,314 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where MERWORTH 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.