QUEENBEE A
QUEENBEE A is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Conocophillips Company. It has 2 wellbores on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 178,054 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 $1.5M, with roughly $293K 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 346 barrels a month, about 173 per wellbore. Its strongest month on the record we hold was December 2016, at 1,481 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 QUEENBEE A
- Who operates QUEENBEE A?
- QUEENBEE A is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is QUEENBEE A?
- QUEENBEE A is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39288.
- Is QUEENBEE A still producing?
- QUEENBEE A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for QUEENBEE A is August 2026.
- How much has QUEENBEE A produced?
- QUEENBEE A has reported 178,054 barrels of oil (bbl) to the Railroad Commission of Texas between November 2008 and August 2026, from 2 wellbores.
- How much is QUEENBEE A worth?
- The remaining production from QUEENBEE A is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in QUEENBEE A is a fraction of it. The estimate fits an Arps decline curve to the production QUEENBEE A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for QUEENBEE A is an estimate of value, not an offer and not an appraisal.
- How much income does QUEENBEE A generate in a year?
- QUEENBEE A is forecast to net about $293K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in QUEENBEE A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Embar (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 39288 |
| Wellbores | 2 |
| Reported production | 178,054 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where QUEENBEE A 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.