BINGHAM, M. K. "AB"
BINGHAM, M. K. "AB" is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Union Oil Company Of California. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 553,446 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $41K, with roughly $10K expected over the next twelve months.
| Operator | Union Oil Company Of California |
|---|---|
| Field | Garza |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 01958 |
| Wellbores | 6 |
| Reported production | 553,446 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $41K |
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.