BAKER
BAKER is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by MGM Oil & Gas Company. It has 2 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 25,569 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 $272K, with roughly $52K 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 113 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was August 2022, at 404 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BAKER
- Who operates BAKER?
- BAKER is operated by MGM Oil & Gas Company, Railroad Commission of Texas operator number 563329.
- Where is BAKER?
- BAKER is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47940.
- Is BAKER still producing?
- BAKER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAKER is August 2026.
- How much has BAKER produced?
- BAKER has reported 25,569 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 2 wellbores.
- How much is BAKER worth?
- The remaining production from BAKER is estimated to be worth about $272K in total as of 26 August 2026, within a range of $212K to $332K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAKER is a fraction of it. The estimate fits an Arps decline curve to the production BAKER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAKER is an estimate of value, not an offer and not an appraisal.
- How much income does BAKER generate in a year?
- BAKER is forecast to net about $52K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAKER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MGM Oil & Gas Company |
|---|---|
| Field | Howard Glasscock (Consolidated) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 47940 |
| Wellbores | 2 |
| Reported production | 25,569 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $272K |
Where BAKER 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.