STATE BALDWIN "B"
STATE BALDWIN "B" is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Premier Natural Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2007 to August 2026, totalling 7,660 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 $378K, with roughly $73K 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 75 barrels a month. Its strongest month on the record we hold was February 2026, at 146 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 STATE BALDWIN "B"
- Who operates STATE BALDWIN "B"?
- STATE BALDWIN "B" is operated by Premier Natural Resources, LLC, Railroad Commission of Texas operator number 676073.
- Where is STATE BALDWIN "B"?
- STATE BALDWIN "B" is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38600.
- Is STATE BALDWIN "B" still producing?
- STATE BALDWIN "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE BALDWIN "B" is August 2026.
- How much has STATE BALDWIN "B" produced?
- STATE BALDWIN "B" has reported 7,660 barrels of oil (bbl) to the Railroad Commission of Texas between November 2007 and August 2026, from 1 wellbore.
- How much is STATE BALDWIN "B" worth?
- The remaining production from STATE BALDWIN "B" is estimated to be worth about $378K in total as of 26 August 2026, within a range of $208K to $548K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE BALDWIN "B" is a fraction of it. The estimate fits an Arps decline curve to the production STATE BALDWIN "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE BALDWIN "B" is an estimate of value, not an offer and not an appraisal.
- How much income does STATE BALDWIN "B" generate in a year?
- STATE BALDWIN "B" is forecast to net about $73K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE BALDWIN "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Premier Natural Resources, LLC |
|---|---|
| Field | Abell (Permian-General) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 38600 |
| Wellbores | 1 |
| Reported production | 7,660 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $378K |
Where STATE BALDWIN "B" 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.