JACKSON (CLEARFORK) UNIT
JACKSON (CLEARFORK) UNIT is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Merit Energy Company. It has 25 wellbores on file with the Commission. Reported production runs from September 2004 to August 2026, totalling 588,638 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 $1.5M, with roughly $338K 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 496 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was May 2016, at 1,350 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 JACKSON (CLEARFORK) UNIT
- Who operates JACKSON (CLEARFORK) UNIT?
- JACKSON (CLEARFORK) UNIT is operated by Merit Energy Company, Railroad Commission of Texas operator number 561136.
- Where is JACKSON (CLEARFORK) UNIT?
- JACKSON (CLEARFORK) UNIT is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68701.
- Is JACKSON (CLEARFORK) UNIT still producing?
- JACKSON (CLEARFORK) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JACKSON (CLEARFORK) UNIT is August 2026.
- How much has JACKSON (CLEARFORK) UNIT produced?
- JACKSON (CLEARFORK) UNIT has reported 588,638 barrels of oil (bbl) to the Railroad Commission of Texas between September 2004 and August 2026, from 25 wellbores.
- How much is JACKSON (CLEARFORK) UNIT worth?
- The remaining production from JACKSON (CLEARFORK) UNIT is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JACKSON (CLEARFORK) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JACKSON (CLEARFORK) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JACKSON (CLEARFORK) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JACKSON (CLEARFORK) UNIT generate in a year?
- JACKSON (CLEARFORK) UNIT is forecast to net about $338K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JACKSON (CLEARFORK) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Merit Energy Company |
|---|---|
| Field | Prentice (6700) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 68701 |
| Wellbores | 25 |
| Reported production | 588,638 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where JACKSON (CLEARFORK) UNIT 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.