MEINER
MEINER is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by MGF Oil Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 129,837 barrels. 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 $707K, with roughly $125K 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 146 barrels a month, about 49 per wellbore. Its strongest month on the record we hold was August 2022, at 933 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 MEINER
- Who operates MEINER?
- MEINER is operated by MGF Oil Corporation, Railroad Commission of Texas operator number 563320.
- Where is MEINER?
- MEINER is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 08212.
- Is MEINER still producing?
- MEINER is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MEINER is August 2026.
- How much has MEINER produced?
- MEINER has reported 129,837 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is MEINER worth?
- The remaining production from MEINER is estimated to be worth about $707K in total as of 26 August 2026, within a range of $551K to $862K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEINER is a fraction of it. The estimate fits an Arps decline curve to the production MEINER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEINER is an estimate of value, not an offer and not an appraisal.
- How much income does MEINER generate in a year?
- MEINER is forecast to net about $125K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MEINER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MGF Oil Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 08212 |
| Wellbores | 3 |
| Reported production | 129,837 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $707K |
Where MEINER 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.