MERU UNIT
MERU UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Eog Resources, Inc. It has 3 wellbores on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 757,158 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 $3.3M, with roughly $883K 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 1,204 barrels a month, about 401 per wellbore. Its strongest month on the record we hold was June 2017, at 64,074 barrels. 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 MERU UNIT
- Who operates MERU UNIT?
- MERU UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is MERU UNIT?
- MERU UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11311.
- Is MERU UNIT still producing?
- MERU UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERU UNIT is August 2026.
- How much has MERU UNIT produced?
- MERU UNIT has reported 757,158 barrels of oil (bbl) to the Railroad Commission of Texas between November 2016 and August 2026, from 3 wellbores.
- How much is MERU UNIT worth?
- The remaining production from MERU UNIT is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.7M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERU UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MERU UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERU UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MERU UNIT generate in a year?
- MERU UNIT is forecast to net about $883K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MERU UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11311 |
| Wellbores | 3 |
| Reported production | 757,158 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where MERU 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.