BERRY
BERRY is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Piedra Operating, LLC. It has 22 wellbores on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 4,012,171 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 $49.8M, with roughly $17.7M 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 30,634 barrels a month, about 1,392 per wellbore. Its strongest month on the record we hold was December 2017, at 133,838 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BERRY
- Who operates BERRY?
- BERRY is operated by Piedra Operating, LLC, Railroad Commission of Texas operator number 664930.
- Where is BERRY?
- BERRY is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38901.
- Is BERRY still producing?
- BERRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BERRY is August 2026.
- How much has BERRY produced?
- BERRY has reported 4,012,171 barrels of oil (bbl) to the Railroad Commission of Texas between June 2008 and August 2026, from 22 wellbores.
- How much is BERRY worth?
- The remaining production from BERRY is estimated to be worth about $49.8M in total as of 27 August 2026, within a range of $40.8M to $58.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BERRY is a fraction of it. The estimate fits an Arps decline curve to the production BERRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BERRY is an estimate of value, not an offer and not an appraisal.
- How much income does BERRY generate in a year?
- BERRY is forecast to net about $17.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BERRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Piedra Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 38901 |
| Wellbores | 22 |
| Reported production | 4,012,171 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $49.8M |
Where BERRY 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.