RATLIFF & BEDFORD
RATLIFF & BEDFORD is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Shell Western E&P Inc. It has 48 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,796,926 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 $31.5M, with roughly $7.0M 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 9,445 barrels a month, about 197 per wellbore. Its strongest month on the record we hold was May 2021, at 16,497 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 RATLIFF & BEDFORD
- Who operates RATLIFF & BEDFORD?
- RATLIFF & BEDFORD is operated by Shell Western E&P Inc., Railroad Commission of Texas operator number 774720.
- Where is RATLIFF & BEDFORD?
- RATLIFF & BEDFORD is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 00361.
- Is RATLIFF & BEDFORD still producing?
- RATLIFF & BEDFORD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RATLIFF & BEDFORD is August 2026.
- How much has RATLIFF & BEDFORD produced?
- RATLIFF & BEDFORD has reported 5,796,926 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 48 wellbores.
- How much is RATLIFF & BEDFORD worth?
- The remaining production from RATLIFF & BEDFORD is estimated to be worth about $31.5M in total as of 27 August 2026, within a range of $26.2M to $36.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RATLIFF & BEDFORD is a fraction of it. The estimate fits an Arps decline curve to the production RATLIFF & BEDFORD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RATLIFF & BEDFORD is an estimate of value, not an offer and not an appraisal.
- How much income does RATLIFF & BEDFORD generate in a year?
- RATLIFF & BEDFORD is forecast to net about $7.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RATLIFF & BEDFORD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P Inc. |
|---|---|
| Field | Bedford (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 00361 |
| Wellbores | 48 |
| Reported production | 5,796,926 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $31.5M |
Where RATLIFF & BEDFORD 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.