MEERS -A-
MEERS -A- is a Texas oil lease in Gray County, Railroad Commission district 10, operated by L & W Operators. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,045 barrels. The lease is intermittent. 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 $12K, with roughly $2K 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 2 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was September 2024, at 49 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MEERS -A-
- Who operates MEERS -A-?
- MEERS -A- is operated by L & W Operators, Railroad Commission of Texas operator number 479899.
- Where is MEERS -A-?
- MEERS -A- is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00256.
- Is MEERS -A- still producing?
- MEERS -A- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MEERS -A- is August 2026.
- How much has MEERS -A- produced?
- MEERS -A- has reported 4,045 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MEERS -A- worth?
- The remaining production from MEERS -A- is estimated to be worth about $12K in total as of 26 August 2026, within a range of $0 to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEERS -A- is a fraction of it. The estimate fits an Arps decline curve to the production MEERS -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEERS -A- is an estimate of value, not an offer and not an appraisal.
- How much income does MEERS -A- generate in a year?
- MEERS -A- is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MEERS -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | L & W Operators |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 00256 |
| Wellbores | 2 |
| Reported production | 4,045 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where MEERS -A- 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.