BEAN 12
BEAN 12 is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from October 2002 to August 2026, totalling 113,642 thousand cubic feet. 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 $1K, with roughly $150 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 8 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 720 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BEAN 12
- Who operates BEAN 12?
- BEAN 12 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is BEAN 12?
- BEAN 12 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 192528.
- Is BEAN 12 still producing?
- BEAN 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEAN 12 is August 2026.
- How much has BEAN 12 produced?
- BEAN 12 has reported 113,642 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2002 and August 2026, from 1 wellbore.
- How much is BEAN 12 worth?
- The remaining production from BEAN 12 is estimated to be worth about $1K in total as of 27 August 2026, within a range of $0 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEAN 12 is a fraction of it. The estimate fits an Arps decline curve to the production BEAN 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEAN 12 is an estimate of value, not an offer and not an appraisal.
- How much income does BEAN 12 generate in a year?
- BEAN 12 is forecast to net about $150 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BEAN 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Joe Bean (Queen) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 192528 |
| Wellbores | 1 |
| Reported production | 113,642 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1K |
Where BEAN 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.