BALLENGER
BALLENGER is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Apache Corporation. It has 53 wellbores on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 3,018,341 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 $24.3M, with roughly $4.8M 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 4,625 barrels a month, about 87 per wellbore. Its strongest month on the record we hold was May 2016, at 32,633 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BALLENGER
- Who operates BALLENGER?
- BALLENGER is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is BALLENGER?
- BALLENGER is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40247.
- Is BALLENGER still producing?
- BALLENGER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALLENGER is August 2026.
- How much has BALLENGER produced?
- BALLENGER has reported 3,018,341 barrels of oil (bbl) to the Railroad Commission of Texas between June 2010 and August 2026, from 53 wellbores.
- How much is BALLENGER worth?
- The remaining production from BALLENGER is estimated to be worth about $24.3M in total as of 26 August 2026, within a range of $20.2M to $28.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALLENGER is a fraction of it. The estimate fits an Arps decline curve to the production BALLENGER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALLENGER is an estimate of value, not an offer and not an appraisal.
- How much income does BALLENGER generate in a year?
- BALLENGER is forecast to net about $4.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BALLENGER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 40247 |
| Wellbores | 53 |
| Reported production | 3,018,341 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24.3M |
Where BALLENGER 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.