BENNETT ESTATE
BENNETT ESTATE is a Texas oil lease in Brazoria County, Railroad Commission district 03, operated by Houston Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2005 to August 2026, totalling 71,455 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 $270K, with roughly $50K 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 66 barrels a month. Its strongest month on the record we hold was March 2022, at 162 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BENNETT ESTATE
- Who operates BENNETT ESTATE?
- BENNETT ESTATE is operated by Houston Petroleum Company, Railroad Commission of Texas operator number 404500.
- Where is BENNETT ESTATE?
- BENNETT ESTATE is a Texas oil lease in Brazoria County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24706.
- Is BENNETT ESTATE still producing?
- BENNETT ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENNETT ESTATE is August 2026.
- How much has BENNETT ESTATE produced?
- BENNETT ESTATE has reported 71,455 barrels of oil (bbl) to the Railroad Commission of Texas between June 2005 and August 2026, from 1 wellbore.
- How much is BENNETT ESTATE worth?
- The remaining production from BENNETT ESTATE is estimated to be worth about $270K in total as of 27 August 2026, within a range of $149K to $392K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENNETT ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production BENNETT ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENNETT ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does BENNETT ESTATE generate in a year?
- BENNETT ESTATE is forecast to net about $50K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BENNETT ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Houston Petroleum Company |
|---|---|
| Field | Danbury Dome (2780) |
| County | Brazoria County, Texas |
| RRC district | 03 |
| Lease number | 24706 |
| Wellbores | 1 |
| Reported production | 71,455 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $270K |
Where BENNETT ESTATE 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.