MEEKER 109
MEEKER 109 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Primexx Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 170,130 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 $1.7M, with roughly $319K 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 241 barrels a month. Its strongest month on the record we hold was June 2018, at 18,532 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 MEEKER 109
- Who operates MEEKER 109?
- MEEKER 109 is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is MEEKER 109?
- MEEKER 109 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48937.
- Is MEEKER 109 still producing?
- MEEKER 109 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEEKER 109 is August 2026.
- How much has MEEKER 109 produced?
- MEEKER 109 has reported 170,130 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
- How much is MEEKER 109 worth?
- The remaining production from MEEKER 109 is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEEKER 109 is a fraction of it. The estimate fits an Arps decline curve to the production MEEKER 109 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEEKER 109 is an estimate of value, not an offer and not an appraisal.
- How much income does MEEKER 109 generate in a year?
- MEEKER 109 is forecast to net about $319K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEEKER 109 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 48937 |
| Wellbores | 1 |
| Reported production | 170,130 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where MEEKER 109 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.