PERKINS-LAGASSE
PERKINS-LAGASSE is a Texas oil lease in Nueces County, Railroad Commission district 04, operated by Basin Oil & Gas Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2024 to August 2026, totalling 40,297 barrels. The lease is intermittent. 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 $8.0M, with roughly $1.8M 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 1,609 barrels a month. Its strongest month on the record we hold was December 2024, at 7,140 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 PERKINS-LAGASSE
- Who operates PERKINS-LAGASSE?
- PERKINS-LAGASSE is operated by Basin Oil & Gas Operating, LLC, Railroad Commission of Texas operator number 054430.
- Where is PERKINS-LAGASSE?
- PERKINS-LAGASSE is a Texas oil lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 14258.
- Is PERKINS-LAGASSE still producing?
- PERKINS-LAGASSE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PERKINS-LAGASSE is August 2026.
- How much has PERKINS-LAGASSE produced?
- PERKINS-LAGASSE has reported 40,297 barrels of oil (bbl) to the Railroad Commission of Texas between September 2024 and August 2026, from 1 wellbore.
- How much is PERKINS-LAGASSE worth?
- The remaining production from PERKINS-LAGASSE is estimated to be worth about $8.0M in total as of 27 August 2026, within a range of $6.6M to $9.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PERKINS-LAGASSE is a fraction of it. The estimate fits an Arps decline curve to the production PERKINS-LAGASSE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PERKINS-LAGASSE is an estimate of value, not an offer and not an appraisal.
- How much income does PERKINS-LAGASSE generate in a year?
- PERKINS-LAGASSE is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PERKINS-LAGASSE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Basin Oil & Gas Operating, LLC |
|---|---|
| Field | Saxet ( Frio) |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 14258 |
| Wellbores | 1 |
| Reported production | 40,297 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.0M |
Where PERKINS-LAGASSE 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.