MERRITT UNIT
MERRITT UNIT is a Texas gas lease in Hood County, Railroad Commission district 09, operated by Range Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2010 to August 2026, totalling 4,219,851 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 $1.7M, with roughly $278K 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 11,592 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 20,525 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 MERRITT UNIT
- Who operates MERRITT UNIT?
- MERRITT UNIT is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
- Where is MERRITT UNIT?
- MERRITT UNIT is a Texas gas lease in Hood County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 255603.
- Is MERRITT UNIT still producing?
- MERRITT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERRITT UNIT is August 2026.
- How much has MERRITT UNIT produced?
- MERRITT UNIT has reported 4,219,851 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2010 and August 2026, from 1 wellbore.
- How much is MERRITT UNIT worth?
- The remaining production from MERRITT UNIT is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.4M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERRITT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MERRITT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERRITT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MERRITT UNIT generate in a year?
- MERRITT UNIT is forecast to net about $278K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MERRITT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Range Production Company |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Hood County, Texas |
| RRC district | 09 |
| Lease number | 255603 |
| Wellbores | 1 |
| Reported production | 4,219,851 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where MERRITT 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.