BAGGETT OP 1
BAGGETT OP 1 is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Molopo Energy Texas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 32,728 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 $371K, with roughly $56K 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 48 barrels a month. Its strongest month on the record we hold was April 2018, at 309 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 BAGGETT OP 1
- Who operates BAGGETT OP 1?
- BAGGETT OP 1 is operated by Molopo Energy Texas, LLC, Railroad Commission of Texas operator number 574301.
- Where is BAGGETT OP 1?
- BAGGETT OP 1 is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18425.
- Is BAGGETT OP 1 still producing?
- BAGGETT OP 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAGGETT OP 1 is August 2026.
- How much has BAGGETT OP 1 produced?
- BAGGETT OP 1 has reported 32,728 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 1 wellbore.
- How much is BAGGETT OP 1 worth?
- The remaining production from BAGGETT OP 1 is estimated to be worth about $371K in total as of 27 August 2026, within a range of $204K to $538K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAGGETT OP 1 is a fraction of it. The estimate fits an Arps decline curve to the production BAGGETT OP 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAGGETT OP 1 is an estimate of value, not an offer and not an appraisal.
- How much income does BAGGETT OP 1 generate in a year?
- BAGGETT OP 1 is forecast to net about $56K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BAGGETT OP 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Molopo Energy Texas, LLC |
|---|---|
| Field | Holt Ranch (Consolidated) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 18425 |
| Wellbores | 1 |
| Reported production | 32,728 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $371K |
Where BAGGETT OP 1 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.