LEMAIRE, MATTIE
LEMAIRE, MATTIE is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Meridian Oil Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 81,407 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 $458K, with roughly $88K 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 121 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was October 2023, at 178 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 LEMAIRE, MATTIE
- Who operates LEMAIRE, MATTIE?
- LEMAIRE, MATTIE is operated by Meridian Oil Inc., Railroad Commission of Texas operator number 561132.
- Where is LEMAIRE, MATTIE?
- LEMAIRE, MATTIE is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07250.
- Is LEMAIRE, MATTIE still producing?
- LEMAIRE, MATTIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEMAIRE, MATTIE is August 2026.
- How much has LEMAIRE, MATTIE produced?
- LEMAIRE, MATTIE has reported 81,407 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is LEMAIRE, MATTIE worth?
- The remaining production from LEMAIRE, MATTIE is estimated to be worth about $458K in total as of 27 August 2026, within a range of $357K to $558K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEMAIRE, MATTIE is a fraction of it. The estimate fits an Arps decline curve to the production LEMAIRE, MATTIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEMAIRE, MATTIE is an estimate of value, not an offer and not an appraisal.
- How much income does LEMAIRE, MATTIE generate in a year?
- LEMAIRE, MATTIE is forecast to net about $88K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEMAIRE, MATTIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Oil Inc. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 07250 |
| Wellbores | 5 |
| Reported production | 81,407 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $458K |
Where LEMAIRE, MATTIE 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.