BALDWIN
BALDWIN is a Texas oil lease in Montgomery County, Railroad Commission district 03, operated by Heritage Operating Co., Inc. The. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 548,281 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 $2.1M, with roughly $739K 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 1,224 barrels a month, about 612 per wellbore. Its strongest month on the record we hold was July 2022, at 2,108 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 BALDWIN
- Who operates BALDWIN?
- BALDWIN is operated by Heritage Operating Co., Inc. The, Railroad Commission of Texas operator number 379765.
- Where is BALDWIN?
- BALDWIN is a Texas oil lease in Montgomery County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 15046.
- Is BALDWIN still producing?
- BALDWIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALDWIN is August 2026.
- How much has BALDWIN produced?
- BALDWIN has reported 548,281 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is BALDWIN worth?
- The remaining production from BALDWIN is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.7M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALDWIN is a fraction of it. The estimate fits an Arps decline curve to the production BALDWIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALDWIN is an estimate of value, not an offer and not an appraisal.
- How much income does BALDWIN generate in a year?
- BALDWIN is forecast to net about $739K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BALDWIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Heritage Operating Co., Inc. The |
|---|---|
| Field | Kuhlman |
| County | Montgomery County, Texas |
| RRC district | 03 |
| Lease number | 15046 |
| Wellbores | 2 |
| Reported production | 548,281 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where BALDWIN 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.