BILOXI
BILOXI is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Primexx Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 2013 to August 2026, totalling 59,674 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 $517K, with roughly $99K 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 144 barrels a month. Its strongest month on the record we hold was May 2017, at 812 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 BILOXI
- Who operates BILOXI?
- BILOXI is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is BILOXI?
- BILOXI is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70196.
- Is BILOXI still producing?
- BILOXI is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BILOXI is August 2026.
- How much has BILOXI produced?
- BILOXI has reported 59,674 barrels of oil (bbl) to the Railroad Commission of Texas between July 2013 and August 2026, from 1 wellbore.
- How much is BILOXI worth?
- The remaining production from BILOXI is estimated to be worth about $517K in total as of 26 August 2026, within a range of $403K to $631K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BILOXI is a fraction of it. The estimate fits an Arps decline curve to the production BILOXI has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BILOXI is an estimate of value, not an offer and not an appraisal.
- How much income does BILOXI generate in a year?
- BILOXI is forecast to net about $99K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BILOXI receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Hannahill (Lower Spraberry) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 70196 |
| Wellbores | 1 |
| Reported production | 59,674 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $517K |
Where BILOXI 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.