BEALL 28
BEALL 28 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Big Star Oil & Gas, LLC. It has 4 wellbores on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 172,955 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 $2.4M, with roughly $564K 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 513 barrels a month, about 128 per wellbore. Its strongest month on the record we hold was September 2022, at 2,753 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 BEALL 28
- Who operates BEALL 28?
- BEALL 28 is operated by Big Star Oil & Gas, LLC, Railroad Commission of Texas operator number 070445.
- Where is BEALL 28?
- BEALL 28 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44322.
- Is BEALL 28 still producing?
- BEALL 28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEALL 28 is August 2026.
- How much has BEALL 28 produced?
- BEALL 28 has reported 172,955 barrels of oil (bbl) to the Railroad Commission of Texas between September 2013 and August 2026, from 4 wellbores.
- How much is BEALL 28 worth?
- The remaining production from BEALL 28 is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $1.9M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEALL 28 is a fraction of it. The estimate fits an Arps decline curve to the production BEALL 28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEALL 28 is an estimate of value, not an offer and not an appraisal.
- How much income does BEALL 28 generate in a year?
- BEALL 28 is forecast to net about $564K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEALL 28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Big Star Oil & Gas, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 44322 |
| Wellbores | 4 |
| Reported production | 172,955 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where BEALL 28 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.