MAYER 15
MAYER 15 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by Meridian Oil Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 90,793 thousand cubic feet. The lease is intermittent. 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 $37K, with roughly $5K 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 47 thousand cubic feet a month. Its strongest month on the record we hold was February 2026, at 383 thousand cubic feet. 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 MAYER 15
- Who operates MAYER 15?
- MAYER 15 is operated by Meridian Oil Inc., Railroad Commission of Texas operator number 561132.
- Where is MAYER 15?
- MAYER 15 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 019005.
- Is MAYER 15 still producing?
- MAYER 15 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MAYER 15 is August 2026.
- How much has MAYER 15 produced?
- MAYER 15 has reported 90,793 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MAYER 15 worth?
- The remaining production from MAYER 15 is estimated to be worth about $37K in total as of 26 August 2026, within a range of $21K to $54K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYER 15 is a fraction of it. The estimate fits an Arps decline curve to the production MAYER 15 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYER 15 is an estimate of value, not an offer and not an appraisal.
- How much income does MAYER 15 generate in a year?
- MAYER 15 is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAYER 15 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Oil Inc. |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 019005 |
| Wellbores | 1 |
| Reported production | 90,793 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $37K |
Where MAYER 15 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.