MOERBE
MOERBE is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Rme Petroleum Company. It has 2 wellbores on file with the Commission. Reported production runs from June 2001 to August 2026, totalling 57,005 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 $165K, with roughly $31K 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 37 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was August 2019, at 84 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 MOERBE
- Who operates MOERBE?
- MOERBE is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is MOERBE?
- MOERBE is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24234.
- Is MOERBE still producing?
- MOERBE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOERBE is August 2026.
- How much has MOERBE produced?
- MOERBE has reported 57,005 barrels of oil (bbl) to the Railroad Commission of Texas between June 2001 and August 2026, from 2 wellbores.
- How much is MOERBE worth?
- The remaining production from MOERBE is estimated to be worth about $165K in total as of 26 August 2026, within a range of $91K to $239K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOERBE is a fraction of it. The estimate fits an Arps decline curve to the production MOERBE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOERBE is an estimate of value, not an offer and not an appraisal.
- How much income does MOERBE generate in a year?
- MOERBE is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MOERBE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rme Petroleum Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 24234 |
| Wellbores | 2 |
| Reported production | 57,005 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $165K |
Where MOERBE 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.