MENARD
MENARD is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by North Texas Oil & Gas, LLC. It has 2 wellbores on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 87,471 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 $823K, with roughly $148K 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 183 barrels a month, about 91 per wellbore. Its strongest month on the record we hold was March 2017, at 1,060 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 MENARD
- Who operates MENARD?
- MENARD is operated by North Texas Oil & Gas, LLC, Railroad Commission of Texas operator number 614212.
- Where is MENARD?
- MENARD is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31775.
- Is MENARD still producing?
- MENARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MENARD is August 2026.
- How much has MENARD produced?
- MENARD has reported 87,471 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 2 wellbores.
- How much is MENARD worth?
- The remaining production from MENARD is estimated to be worth about $823K in total as of 27 August 2026, within a range of $642K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MENARD is a fraction of it. The estimate fits an Arps decline curve to the production MENARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MENARD is an estimate of value, not an offer and not an appraisal.
- How much income does MENARD generate in a year?
- MENARD is forecast to net about $148K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MENARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | North Texas Oil & Gas, LLC |
|---|---|
| Field | Swenson (Caddo) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 31775 |
| Wellbores | 2 |
| Reported production | 87,471 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $823K |
Where MENARD 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.