BAIN
BAIN is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Lazarus Operating, Llc. It has 1 wellbore on file with the Commission. Reported production runs from September 2016 to August 2026, totalling 55,178 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $20K, with roughly $4K expected over the next twelve months.
| Operator | Lazarus Operating, Llc |
|---|---|
| Field | Goodson (Travis Peak) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 15623 |
| Wellbores | 1 |
| Reported production | 55,178 bbl |
| First reported | September 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $20K |
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.