BENDERS 41-29
BENDERS 41-29 is a Texas oil lease in Borden County, Railroad Commission district 08, operated by Surge Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2025 to August 2026, totalling 28,901 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 $14.1M, with roughly $3.2M 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 4,817 barrels a month. Its strongest month on the record we hold was March 2026, at 8,191 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 BENDERS 41-29
- Who operates BENDERS 41-29?
- BENDERS 41-29 is operated by Surge Operating, LLC, Railroad Commission of Texas operator number 760725.
- Where is BENDERS 41-29?
- BENDERS 41-29 is a Texas oil lease in Borden County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64877.
- Is BENDERS 41-29 still producing?
- BENDERS 41-29 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENDERS 41-29 is August 2026.
- How much has BENDERS 41-29 produced?
- BENDERS 41-29 has reported 28,901 barrels of oil (bbl) to the Railroad Commission of Texas between November 2025 and August 2026, from 1 wellbore.
- How much is BENDERS 41-29 worth?
- The remaining production from BENDERS 41-29 is estimated to be worth about $14.1M in total as of 27 August 2026, within a range of $11.7M to $16.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENDERS 41-29 is a fraction of it. The estimate fits an Arps decline curve to the production BENDERS 41-29 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENDERS 41-29 is an estimate of value, not an offer and not an appraisal.
- How much income does BENDERS 41-29 generate in a year?
- BENDERS 41-29 is forecast to net about $3.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BENDERS 41-29 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Surge Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Borden County, Texas |
| RRC district | 08 |
| Lease number | 64877 |
| Wellbores | 1 |
| Reported production | 28,901 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14.1M |
Where BENDERS 41-29 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.