TURNER, B. L.
TURNER, B. L. is a Texas oil lease in Brazoria County, Railroad Commission district 03, operated by MW Petroleum Corporation. It has 28 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 899,558 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 $607K, with roughly $138K 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 211 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was November 2018, at 1,520 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 TURNER, B. L.
- Who operates TURNER, B. L.?
- TURNER, B. L. is operated by MW Petroleum Corporation, Railroad Commission of Texas operator number 597371.
- Where is TURNER, B. L.?
- TURNER, B. L. is a Texas oil lease in Brazoria County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 05623.
- Is TURNER, B. L. still producing?
- TURNER, B. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TURNER, B. L. is August 2026.
- How much has TURNER, B. L. produced?
- TURNER, B. L. has reported 899,558 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 28 wellbores.
- How much is TURNER, B. L. worth?
- The remaining production from TURNER, B. L. is estimated to be worth about $607K in total as of 26 August 2026, within a range of $474K to $741K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TURNER, B. L. is a fraction of it. The estimate fits an Arps decline curve to the production TURNER, B. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TURNER, B. L. is an estimate of value, not an offer and not an appraisal.
- How much income does TURNER, B. L. generate in a year?
- TURNER, B. L. is forecast to net about $138K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TURNER, B. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MW Petroleum Corporation |
|---|---|
| Field | Hastings, East |
| County | Brazoria County, Texas |
| RRC district | 03 |
| Lease number | 05623 |
| Wellbores | 28 |
| Reported production | 899,558 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $607K |
Where TURNER, B. L. 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.