BACON 179
BACON 179 is a Texas oil lease in Schleicher County, Railroad Commission district 7C, operated by Reliance Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2000 to August 2026, totalling 8,145 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 $4K, with roughly $722 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 barrels a month. Its strongest month on the record we hold was June 2018, at 37 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BACON 179
- Who operates BACON 179?
- BACON 179 is operated by Reliance Energy, Inc., Railroad Commission of Texas operator number 700995.
- Where is BACON 179?
- BACON 179 is a Texas oil lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15167.
- Is BACON 179 still producing?
- BACON 179 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BACON 179 is August 2026.
- How much has BACON 179 produced?
- BACON 179 has reported 8,145 barrels of oil (bbl) to the Railroad Commission of Texas between November 2000 and August 2026, from 1 wellbore.
- How much is BACON 179 worth?
- The remaining production from BACON 179 is estimated to be worth about $4K in total as of 26 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BACON 179 is a fraction of it. The estimate fits an Arps decline curve to the production BACON 179 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BACON 179 is an estimate of value, not an offer and not an appraisal.
- How much income does BACON 179 generate in a year?
- BACON 179 is forecast to net about $722 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BACON 179 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reliance Energy, Inc. |
|---|---|
| Field | Marchawn (Clear Fork) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 15167 |
| Wellbores | 1 |
| Reported production | 8,145 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where BACON 179 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.