BAGE
BAGE is a Texas gas lease in Lee County, Railroad Commission district 03, operated by Nestex Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2009 to August 2026, totalling 10,546 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 $757, with roughly $96 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 7 thousand cubic feet a month. Its strongest month on the record we hold was November 2018, at 650 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BAGE
- Who operates BAGE?
- BAGE is operated by Nestex Energy, LLC, Railroad Commission of Texas operator number 604725.
- Where is BAGE?
- BAGE is a Texas gas lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 258055.
- Is BAGE still producing?
- BAGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAGE is August 2026.
- How much has BAGE produced?
- BAGE has reported 10,546 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2009 and August 2026, from 1 wellbore.
- How much is BAGE worth?
- The remaining production from BAGE is estimated to be worth about $757 in total as of 26 August 2026, within a range of $0 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAGE is a fraction of it. The estimate fits an Arps decline curve to the production BAGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAGE is an estimate of value, not an offer and not an appraisal.
- How much income does BAGE generate in a year?
- BAGE is forecast to net about $96 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nestex Energy, LLC |
|---|---|
| Field | Dime Box (Navarro) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 258055 |
| Wellbores | 1 |
| Reported production | 10,546 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $757 |
Where BAGE 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.