MEGHAN
MEGHAN is a Texas oil lease in Milam County, Railroad Commission district 03, operated by LRR Pecos Valley, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2021 to August 2026, totalling 128,870 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 $2.0M, with roughly $539K 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 793 barrels a month. Its strongest month on the record we hold was April 2021, at 9,646 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 MEGHAN
- Who operates MEGHAN?
- MEGHAN is operated by LRR Pecos Valley, LLC, Railroad Commission of Texas operator number 511724.
- Where is MEGHAN?
- MEGHAN is a Texas oil lease in Milam County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27876.
- Is MEGHAN still producing?
- MEGHAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEGHAN is August 2026.
- How much has MEGHAN produced?
- MEGHAN has reported 128,870 barrels of oil (bbl) to the Railroad Commission of Texas between January 2021 and August 2026, from 1 wellbore.
- How much is MEGHAN worth?
- The remaining production from MEGHAN is estimated to be worth about $2.0M in total as of 27 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEGHAN is a fraction of it. The estimate fits an Arps decline curve to the production MEGHAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEGHAN is an estimate of value, not an offer and not an appraisal.
- How much income does MEGHAN generate in a year?
- MEGHAN is forecast to net about $539K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEGHAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | LRR Pecos Valley, LLC |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Milam County, Texas |
| RRC district | 03 |
| Lease number | 27876 |
| Wellbores | 1 |
| Reported production | 128,870 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where MEGHAN 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.