GREEN (BACLE 2), A. J.
GREEN (BACLE 2), A. J. is a Texas oil lease in Gregg County, Railroad Commission district 06, operated by Quantum Resources Management,LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 18,096 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 $332K, with roughly $61K 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 62 barrels a month. Its strongest month on the record we hold was July 2016, at 342 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 GREEN (BACLE 2), A. J.
- Who operates GREEN (BACLE 2), A. J.?
- GREEN (BACLE 2), A. J. is operated by Quantum Resources Management,LLC, Railroad Commission of Texas operator number 684554.
- Where is GREEN (BACLE 2), A. J.?
- GREEN (BACLE 2), A. J. is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15295.
- Is GREEN (BACLE 2), A. J. still producing?
- GREEN (BACLE 2), A. J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREEN (BACLE 2), A. J. is August 2026.
- How much has GREEN (BACLE 2), A. J. produced?
- GREEN (BACLE 2), A. J. has reported 18,096 barrels of oil (bbl) to the Railroad Commission of Texas between April 2014 and August 2026, from 1 wellbore.
- How much is GREEN (BACLE 2), A. J. worth?
- The remaining production from GREEN (BACLE 2), A. J. is estimated to be worth about $332K in total as of 27 August 2026, within a range of $183K to $482K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREEN (BACLE 2), A. J. is a fraction of it. The estimate fits an Arps decline curve to the production GREEN (BACLE 2), A. J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREEN (BACLE 2), A. J. is an estimate of value, not an offer and not an appraisal.
- How much income does GREEN (BACLE 2), A. J. generate in a year?
- GREEN (BACLE 2), A. J. is forecast to net about $61K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GREEN (BACLE 2), A. J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Quantum Resources Management,LLC |
|---|---|
| Field | Willow Springs (Pettit) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 15295 |
| Wellbores | 1 |
| Reported production | 18,096 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $332K |
Where GREEN (BACLE 2), A. J. 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.