BENSON (JD)
BENSON (JD) is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by A.C.T. Operating Company. It has 5 wellbores on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 116,371 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 $333K 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 441 barrels a month, about 88 per wellbore. Its strongest month on the record we hold was May 2016, at 2,542 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 BENSON (JD)
- Who operates BENSON (JD)?
- BENSON (JD) is operated by A.C.T. Operating Company, Railroad Commission of Texas operator number 000194.
- Where is BENSON (JD)?
- BENSON (JD) is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70136.
- Is BENSON (JD) still producing?
- BENSON (JD) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENSON (JD) is August 2026.
- How much has BENSON (JD) produced?
- BENSON (JD) has reported 116,371 barrels of oil (bbl) to the Railroad Commission of Texas between April 2014 and August 2026, from 5 wellbores.
- How much is BENSON (JD) worth?
- The remaining production from BENSON (JD) is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENSON (JD) is a fraction of it. The estimate fits an Arps decline curve to the production BENSON (JD) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENSON (JD) is an estimate of value, not an offer and not an appraisal.
- How much income does BENSON (JD) generate in a year?
- BENSON (JD) is forecast to net about $333K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BENSON (JD) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | A.C.T. Operating Company |
|---|---|
| Field | Levelland |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 70136 |
| Wellbores | 5 |
| Reported production | 116,371 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where BENSON (JD) 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.