MYERS
MYERS is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by PG&E Resources Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 50,124 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 $837K, with roughly $122K 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 61 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was January 2017, at 122 barrels. 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 MYERS
- Who operates MYERS?
- MYERS is operated by PG&E Resources Company, Railroad Commission of Texas operator number 630794.
- Where is MYERS?
- MYERS is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 10667.
- Is MYERS still producing?
- MYERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MYERS is August 2026.
- How much has MYERS produced?
- MYERS has reported 50,124 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MYERS worth?
- The remaining production from MYERS is estimated to be worth about $837K in total as of 26 August 2026, within a range of $460K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MYERS is a fraction of it. The estimate fits an Arps decline curve to the production MYERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MYERS is an estimate of value, not an offer and not an appraisal.
- How much income does MYERS generate in a year?
- MYERS is forecast to net about $122K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MYERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PG&E Resources Company |
|---|---|
| Field | Benedum (Fusselman) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 10667 |
| Wellbores | 2 |
| Reported production | 50,124 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $837K |
Where MYERS 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.