OLIVAREZ UNIT
OLIVAREZ UNIT is a Texas gas lease in Hidalgo County, Railroad Commission district 04, operated by Merit Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,541,832 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 $1.1M, with roughly $188K 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 5,636 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 10,707 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 OLIVAREZ UNIT
- Who operates OLIVAREZ UNIT?
- OLIVAREZ UNIT is operated by Merit Energy Company, Railroad Commission of Texas operator number 561136.
- Where is OLIVAREZ UNIT?
- OLIVAREZ UNIT is a Texas gas lease in Hidalgo County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 088169.
- Is OLIVAREZ UNIT still producing?
- OLIVAREZ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLIVAREZ UNIT is August 2026.
- How much has OLIVAREZ UNIT produced?
- OLIVAREZ UNIT has reported 3,541,832 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is OLIVAREZ UNIT worth?
- The remaining production from OLIVAREZ UNIT is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $931K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLIVAREZ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OLIVAREZ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLIVAREZ UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OLIVAREZ UNIT generate in a year?
- OLIVAREZ UNIT is forecast to net about $188K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OLIVAREZ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Merit Energy Company |
|---|---|
| Field | Mcmoran (8960) |
| County | Hidalgo County, Texas |
| RRC district | 04 |
| Lease number | 088169 |
| Wellbores | 1 |
| Reported production | 3,541,832 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where OLIVAREZ UNIT 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.