BARING
BARING is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Murphy Expl. & Prod. Co. - USA. It has 10 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 2,149,617 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 $6.9M, with roughly $1.9M 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 2,798 barrels a month, about 280 per wellbore. Its strongest month on the record we hold was July 2018, at 31,252 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BARING
- Who operates BARING?
- BARING is operated by Murphy Expl. & Prod. Co. - USA, Railroad Commission of Texas operator number 594675.
- Where is BARING?
- BARING is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16696.
- Is BARING still producing?
- BARING is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARING is August 2026.
- How much has BARING produced?
- BARING has reported 2,149,617 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 10 wellbores.
- How much is BARING worth?
- The remaining production from BARING is estimated to be worth about $6.9M in total as of 26 August 2026, within a range of $5.8M to $8.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARING is a fraction of it. The estimate fits an Arps decline curve to the production BARING has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARING is an estimate of value, not an offer and not an appraisal.
- How much income does BARING generate in a year?
- BARING is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BARING receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Murphy Expl. & Prod. Co. - USA |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 16696 |
| Wellbores | 10 |
| Reported production | 2,149,617 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.9M |
Where BARING 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.