BEARKAT 21

BEARKAT 21 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Nadel And Gussman Permian,L.L.C. It has 2 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 89,280 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 $808K, with roughly $148K 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 176 barrels a month, about 88 per wellbore. Its strongest month on the record we hold was August 2018, at 743 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 BEARKAT 21

Who operates BEARKAT 21?
BEARKAT 21 is operated by Nadel And Gussman Permian,L.L.C., Railroad Commission of Texas operator number 598940.
Where is BEARKAT 21?
BEARKAT 21 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44665.
Is BEARKAT 21 still producing?
BEARKAT 21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEARKAT 21 is August 2026.
How much has BEARKAT 21 produced?
BEARKAT 21 has reported 89,280 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 2 wellbores.
How much is BEARKAT 21 worth?
The remaining production from BEARKAT 21 is estimated to be worth about $808K in total as of 27 August 2026, within a range of $631K to $986K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEARKAT 21 is a fraction of it. The estimate fits an Arps decline curve to the production BEARKAT 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEARKAT 21 is an estimate of value, not an offer and not an appraisal.
How much income does BEARKAT 21 generate in a year?
BEARKAT 21 is forecast to net about $148K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BEARKAT 21 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BEARKAT 21 as filed with the Railroad Commission of Texas
OperatorNadel And Gussman Permian,L.L.C.
FieldClyde-Reynolds (Wolfcamp Cons.)
CountyGlasscock County, Texas
RRC district08
Lease number44665
Wellbores2
Reported production89,280 bbl
First reported
Last reported
Estimated royalty value$808K

Where BEARKAT 21 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.