MERIDEE
MERIDEE is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Sojourner Drilling Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 8,096 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 $132K, with roughly $25K 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 27 barrels a month. Its strongest month on the record we hold was March 2024, at 90 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 MERIDEE
- Who operates MERIDEE?
- MERIDEE is operated by Sojourner Drilling Corporation, Railroad Commission of Texas operator number 800750.
- Where is MERIDEE?
- MERIDEE is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30263.
- Is MERIDEE still producing?
- MERIDEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERIDEE is August 2026.
- How much has MERIDEE produced?
- MERIDEE has reported 8,096 barrels of oil (bbl) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is MERIDEE worth?
- The remaining production from MERIDEE is estimated to be worth about $132K in total as of 26 August 2026, within a range of $73K to $191K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERIDEE is a fraction of it. The estimate fits an Arps decline curve to the production MERIDEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERIDEE is an estimate of value, not an offer and not an appraisal.
- How much income does MERIDEE generate in a year?
- MERIDEE is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MERIDEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sojourner Drilling Corporation |
|---|---|
| Field | Jones County Regular |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 30263 |
| Wellbores | 1 |
| Reported production | 8,096 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $132K |
Where MERIDEE 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.