BENDER
BENDER is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Oxy USA Inc. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,714 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 $4K, with roughly $754 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 barrels a month. Its strongest month on the record we hold was May 2016, at 5 barrels. 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 BENDER
- Who operates BENDER?
- BENDER is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is BENDER?
- BENDER is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00226.
- Is BENDER still producing?
- BENDER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENDER is August 2026.
- How much has BENDER produced?
- BENDER has reported 12,714 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is BENDER worth?
- The remaining production from BENDER is estimated to be worth about $4K in total as of 26 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENDER is a fraction of it. The estimate fits an Arps decline curve to the production BENDER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENDER is an estimate of value, not an offer and not an appraisal.
- How much income does BENDER generate in a year?
- BENDER is forecast to net about $754 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BENDER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 00226 |
| Wellbores | 8 |
| Reported production | 12,714 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where BENDER 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.