LIME ROCK
LIME ROCK is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Bend Petroleum Corp. It has 2 wellbores on file with the Commission. Reported production runs from May 2022 to August 2026, totalling 56,992 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 $3.1M, with roughly $714K 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 1,044 barrels a month, about 522 per wellbore. Its strongest month on the record we hold was August 2022, at 2,379 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 LIME ROCK
- Who operates LIME ROCK?
- LIME ROCK is operated by Bend Petroleum Corp., Railroad Commission of Texas operator number 064129.
- Where is LIME ROCK?
- LIME ROCK is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 34115.
- Is LIME ROCK still producing?
- LIME ROCK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIME ROCK is August 2026.
- How much has LIME ROCK produced?
- LIME ROCK has reported 56,992 barrels of oil (bbl) to the Railroad Commission of Texas between May 2022 and August 2026, from 2 wellbores.
- How much is LIME ROCK worth?
- The remaining production from LIME ROCK is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.6M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIME ROCK is a fraction of it. The estimate fits an Arps decline curve to the production LIME ROCK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIME ROCK is an estimate of value, not an offer and not an appraisal.
- How much income does LIME ROCK generate in a year?
- LIME ROCK is forecast to net about $714K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LIME ROCK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bend Petroleum Corp. |
|---|---|
| Field | Mcelreath, S. (Strawn 4200) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 34115 |
| Wellbores | 2 |
| Reported production | 56,992 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where LIME ROCK 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.