BEGGS
BEGGS is a Texas oil lease in Kent County, Railroad Commission district 8A, operated by Patton Exploration, Inc. It has 3 wellbores on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 101,767 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 $774K, with roughly $238K 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 376 barrels a month, about 125 per wellbore. Its strongest month on the record we hold was March 2019, at 913 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 BEGGS
- Who operates BEGGS?
- BEGGS is operated by Patton Exploration, Inc., Railroad Commission of Texas operator number 643730.
- Where is BEGGS?
- BEGGS is a Texas oil lease in Kent County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70089.
- Is BEGGS still producing?
- BEGGS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEGGS is August 2026.
- How much has BEGGS produced?
- BEGGS has reported 101,767 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 3 wellbores.
- How much is BEGGS worth?
- The remaining production from BEGGS is estimated to be worth about $774K in total as of 27 August 2026, within a range of $604K to $944K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEGGS is a fraction of it. The estimate fits an Arps decline curve to the production BEGGS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEGGS is an estimate of value, not an offer and not an appraisal.
- How much income does BEGGS generate in a year?
- BEGGS is forecast to net about $238K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BEGGS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patton Exploration, Inc. |
|---|---|
| Field | Vicki B (Tannehill) |
| County | Kent County, Texas |
| RRC district | 8A |
| Lease number | 70089 |
| Wellbores | 3 |
| Reported production | 101,767 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $774K |
Where BEGGS 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.