MEEKS
MEEKS is a Texas oil lease in Live Oak County, Railroad Commission district 02, operated by Texoil Ventures LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2026 to August 2026, totalling 1,815 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 $1.2M, with roughly $282K 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 488 barrels a month. Its strongest month on the record we hold was March 2026, at 920 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 MEEKS
- Who operates MEEKS?
- MEEKS is operated by Texoil Ventures LLC, Railroad Commission of Texas operator number 102658.
- Where is MEEKS?
- MEEKS is a Texas oil lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 13212.
- Is MEEKS still producing?
- MEEKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEEKS is August 2026.
- How much has MEEKS produced?
- MEEKS has reported 1,815 barrels of oil (bbl) to the Railroad Commission of Texas between February 2026 and August 2026, from 1 wellbore.
- How much is MEEKS worth?
- The remaining production from MEEKS is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $969K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEEKS is a fraction of it. The estimate fits an Arps decline curve to the production MEEKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEEKS is an estimate of value, not an offer and not an appraisal.
- How much income does MEEKS generate in a year?
- MEEKS is forecast to net about $282K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MEEKS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texoil Ventures LLC |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 13212 |
| Wellbores | 1 |
| Reported production | 1,815 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where MEEKS 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.