MERTA
MERTA is a Texas gas lease in Wharton County, Railroad Commission district 03, operated by Hollimon Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 628,726 thousand cubic feet. 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 $7K, 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 656 thousand cubic feet a month. Its strongest month on the record we hold was July 2020, at 4,514 thousand cubic feet. 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 MERTA
- Who operates MERTA?
- MERTA is operated by Hollimon Oil Corporation, Railroad Commission of Texas operator number 393345.
- Where is MERTA?
- MERTA is a Texas gas lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 257724.
- Is MERTA still producing?
- MERTA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERTA is August 2026.
- How much has MERTA produced?
- MERTA has reported 628,726 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2010 and August 2026, from 1 wellbore.
- How much is MERTA worth?
- The remaining production from MERTA is estimated to be worth about $7K in total as of 26 August 2026, within a range of $5K to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERTA is a fraction of it. The estimate fits an Arps decline curve to the production MERTA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERTA is an estimate of value, not an offer and not an appraisal.
- How much income does MERTA generate in a year?
- MERTA 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 MERTA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hollimon Oil Corporation |
|---|---|
| Field | Mcfarlan (Yegua) |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 257724 |
| Wellbores | 1 |
| Reported production | 628,726 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where MERTA 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.