TIDWELL
TIDWELL is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Meritage Energy Company, LLC. It has 5 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 122,713 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 $407K, with roughly $75K 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 89 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was July 2016, at 933 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 TIDWELL
- Who operates TIDWELL?
- TIDWELL is operated by Meritage Energy Company, LLC, Railroad Commission of Texas operator number 561156.
- Where is TIDWELL?
- TIDWELL is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42027.
- Is TIDWELL still producing?
- TIDWELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIDWELL is August 2026.
- How much has TIDWELL produced?
- TIDWELL has reported 122,713 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 5 wellbores.
- How much is TIDWELL worth?
- The remaining production from TIDWELL is estimated to be worth about $407K in total as of 26 August 2026, within a range of $224K to $590K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIDWELL is a fraction of it. The estimate fits an Arps decline curve to the production TIDWELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIDWELL is an estimate of value, not an offer and not an appraisal.
- How much income does TIDWELL generate in a year?
- TIDWELL is forecast to net about $75K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIDWELL 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 | 42027 |
| Wellbores | 5 |
| Reported production | 122,713 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $407K |
Where TIDWELL 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.