ADAMS LEGACY
ADAMS LEGACY is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Meritage Energy Company, LLC. It has 8 wellbores on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 260,038 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 $907K, with roughly $137K 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 124 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was September 2016, at 2,207 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 ADAMS LEGACY
- Who operates ADAMS LEGACY?
- ADAMS LEGACY is operated by Meritage Energy Company, LLC, Railroad Commission of Texas operator number 561156.
- Where is ADAMS LEGACY?
- ADAMS LEGACY is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41375.
- Is ADAMS LEGACY still producing?
- ADAMS LEGACY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ADAMS LEGACY is August 2026.
- How much has ADAMS LEGACY produced?
- ADAMS LEGACY has reported 260,038 barrels of oil (bbl) to the Railroad Commission of Texas between February 2011 and August 2026, from 8 wellbores.
- How much is ADAMS LEGACY worth?
- The remaining production from ADAMS LEGACY is estimated to be worth about $907K in total as of 26 August 2026, within a range of $708K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ADAMS LEGACY is a fraction of it. The estimate fits an Arps decline curve to the production ADAMS LEGACY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ADAMS LEGACY is an estimate of value, not an offer and not an appraisal.
- How much income does ADAMS LEGACY generate in a year?
- ADAMS LEGACY is forecast to net about $137K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ADAMS LEGACY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meritage Energy Company, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 41375 |
| Wellbores | 8 |
| Reported production | 260,038 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $907K |
Where ADAMS LEGACY 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.