BAIN UNIT
BAIN UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Arrow Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1998 to August 2026, totalling 117,263 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 $355K, with roughly $66K 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 81 barrels a month. Its strongest month on the record we hold was March 2023, at 501 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 BAIN UNIT
- Who operates BAIN UNIT?
- BAIN UNIT is operated by Arrow Exploration Company, Railroad Commission of Texas operator number 033189.
- Where is BAIN UNIT?
- BAIN UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23449.
- Is BAIN UNIT still producing?
- BAIN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAIN UNIT is August 2026.
- How much has BAIN UNIT produced?
- BAIN UNIT has reported 117,263 barrels of oil (bbl) to the Railroad Commission of Texas between March 1998 and August 2026, from 1 wellbore.
- How much is BAIN UNIT worth?
- The remaining production from BAIN UNIT is estimated to be worth about $355K in total as of 26 August 2026, within a range of $195K to $515K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAIN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BAIN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAIN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BAIN UNIT generate in a year?
- BAIN UNIT is forecast to net about $66K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAIN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arrow Exploration Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 23449 |
| Wellbores | 1 |
| Reported production | 117,263 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $355K |
Where BAIN UNIT 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.