BEARKAT
BEARKAT is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Laredo Petroleum, Inc. It has 16 wellbores on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 1,394,660 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 $3.3M, with roughly $1.1M 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 1,221 barrels a month, about 76 per wellbore. Its strongest month on the record we hold was May 2016, at 7,626 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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
- Who operates BEARKAT?
- BEARKAT is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is BEARKAT?
- BEARKAT is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40054.
- Is BEARKAT still producing?
- BEARKAT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEARKAT is August 2026.
- How much has BEARKAT produced?
- BEARKAT has reported 1,394,660 barrels of oil (bbl) to the Railroad Commission of Texas between March 2010 and August 2026, from 16 wellbores.
- How much is BEARKAT worth?
- The remaining production from BEARKAT is estimated to be worth about $3.3M in total as of 27 August 2026, within a range of $2.7M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEARKAT is a fraction of it. The estimate fits an Arps decline curve to the production BEARKAT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEARKAT is an estimate of value, not an offer and not an appraisal.
- How much income does BEARKAT generate in a year?
- BEARKAT is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BEARKAT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 40054 |
| Wellbores | 16 |
| Reported production | 1,394,660 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where BEARKAT 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.