BAIZE, SAM
BAIZE, SAM is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by PG&E Resources Company. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 566,788 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 $1.0M, with roughly $359K 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 588 barrels a month, about 84 per wellbore. Its strongest month on the record we hold was August 2017, at 1,500 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 BAIZE, SAM
- Who operates BAIZE, SAM?
- BAIZE, SAM is operated by PG&E Resources Company, Railroad Commission of Texas operator number 630794.
- Where is BAIZE, SAM?
- BAIZE, SAM is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 02522.
- Is BAIZE, SAM still producing?
- BAIZE, SAM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAIZE, SAM is August 2026.
- How much has BAIZE, SAM produced?
- BAIZE, SAM has reported 566,788 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is BAIZE, SAM worth?
- The remaining production from BAIZE, SAM is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $788K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAIZE, SAM is a fraction of it. The estimate fits an Arps decline curve to the production BAIZE, SAM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAIZE, SAM is an estimate of value, not an offer and not an appraisal.
- How much income does BAIZE, SAM generate in a year?
- BAIZE, SAM is forecast to net about $359K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BAIZE, SAM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PG&E Resources Company |
|---|---|
| Field | Hamlin, East |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 02522 |
| Wellbores | 7 |
| Reported production | 566,788 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where BAIZE, SAM 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.