RHODES, BESSIE
RHODES, BESSIE is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Romac Oil Company, Inc. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 47,122 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 $220K, with roughly $42K 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 46 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was March 2026, at 130 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 RHODES, BESSIE
- Who operates RHODES, BESSIE?
- RHODES, BESSIE is operated by Romac Oil Company, Inc., Railroad Commission of Texas operator number 727003.
- Where is RHODES, BESSIE?
- RHODES, BESSIE is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 05044.
- Is RHODES, BESSIE still producing?
- RHODES, BESSIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RHODES, BESSIE is August 2026.
- How much has RHODES, BESSIE produced?
- RHODES, BESSIE has reported 47,122 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is RHODES, BESSIE worth?
- The remaining production from RHODES, BESSIE is estimated to be worth about $220K in total as of 26 August 2026, within a range of $121K to $319K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RHODES, BESSIE is a fraction of it. The estimate fits an Arps decline curve to the production RHODES, BESSIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RHODES, BESSIE is an estimate of value, not an offer and not an appraisal.
- How much income does RHODES, BESSIE generate in a year?
- RHODES, BESSIE is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RHODES, BESSIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Romac Oil Company, Inc. |
|---|---|
| Field | Throckmorton, N. (Caddo) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 05044 |
| Wellbores | 6 |
| Reported production | 47,122 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $220K |
Where RHODES, BESSIE 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.