BALERION THE DREAD 36-24 C
BALERION THE DREAD 36-24 C is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by Birch Operations, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 1,006,294 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 $20.3M, with roughly $8.1M 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 15,715 barrels a month. Its strongest month on the record we hold was November 2023, at 57,169 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BALERION THE DREAD 36-24 C
- Who operates BALERION THE DREAD 36-24 C?
- BALERION THE DREAD 36-24 C is operated by Birch Operations, Inc., Railroad Commission of Texas operator number 071331.
- Where is BALERION THE DREAD 36-24 C?
- BALERION THE DREAD 36-24 C is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60268.
- Is BALERION THE DREAD 36-24 C still producing?
- BALERION THE DREAD 36-24 C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALERION THE DREAD 36-24 C is August 2026.
- How much has BALERION THE DREAD 36-24 C produced?
- BALERION THE DREAD 36-24 C has reported 1,006,294 barrels of oil (bbl) to the Railroad Commission of Texas between August 2023 and August 2026, from 1 wellbore.
- How much is BALERION THE DREAD 36-24 C worth?
- The remaining production from BALERION THE DREAD 36-24 C is estimated to be worth about $20.3M in total as of 26 August 2026, within a range of $16.6M to $23.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALERION THE DREAD 36-24 C is a fraction of it. The estimate fits an Arps decline curve to the production BALERION THE DREAD 36-24 C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALERION THE DREAD 36-24 C is an estimate of value, not an offer and not an appraisal.
- How much income does BALERION THE DREAD 36-24 C generate in a year?
- BALERION THE DREAD 36-24 C is forecast to net about $8.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BALERION THE DREAD 36-24 C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Birch Operations, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 60268 |
| Wellbores | 1 |
| Reported production | 1,006,294 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20.3M |
Where BALERION THE DREAD 36-24 C 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.