BAYVIEW 12
BAYVIEW 12 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Nearburg Producing Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 59,001 barrels. The lease is intermittent. 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 $103K, with roughly $20K 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 23 barrels a month. Its strongest month on the record we hold was December 2020, at 129 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BAYVIEW 12
- Who operates BAYVIEW 12?
- BAYVIEW 12 is operated by Nearburg Producing Company, Railroad Commission of Texas operator number 601738.
- Where is BAYVIEW 12?
- BAYVIEW 12 is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 32396.
- Is BAYVIEW 12 still producing?
- BAYVIEW 12 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BAYVIEW 12 is August 2026.
- How much has BAYVIEW 12 produced?
- BAYVIEW 12 has reported 59,001 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BAYVIEW 12 worth?
- The remaining production from BAYVIEW 12 is estimated to be worth about $103K in total as of 26 August 2026, within a range of $57K to $150K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAYVIEW 12 is a fraction of it. The estimate fits an Arps decline curve to the production BAYVIEW 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAYVIEW 12 is an estimate of value, not an offer and not an appraisal.
- How much income does BAYVIEW 12 generate in a year?
- BAYVIEW 12 is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAYVIEW 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nearburg Producing Company |
|---|---|
| Field | PV Two (Devonian) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 32396 |
| Wellbores | 1 |
| Reported production | 59,001 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $103K |
Where BAYVIEW 12 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.