BACON "E"
BACON "E" is a Texas oil lease in King County, Railroad Commission district 8A, operated by SRG Oil Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 238,703 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 $334K, with roughly $64K 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 86 barrels a month, about 29 per wellbore. Its strongest month on the record we hold was May 2021, at 332 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BACON "E"
- Who operates BACON "E"?
- BACON "E" is operated by SRG Oil Corporation, Railroad Commission of Texas operator number 740890.
- Where is BACON "E"?
- BACON "E" is a Texas oil lease in King County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66881.
- Is BACON "E" still producing?
- BACON "E" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BACON "E" is August 2026.
- How much has BACON "E" produced?
- BACON "E" has reported 238,703 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is BACON "E" worth?
- The remaining production from BACON "E" is estimated to be worth about $334K in total as of 26 August 2026, within a range of $184K to $484K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BACON "E" is a fraction of it. The estimate fits an Arps decline curve to the production BACON "E" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BACON "E" is an estimate of value, not an offer and not an appraisal.
- How much income does BACON "E" generate in a year?
- BACON "E" is forecast to net about $64K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BACON "E" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SRG Oil Corporation |
|---|---|
| Field | Wages Dreamfield (Tannehill) |
| County | King County, Texas |
| RRC district | 8A |
| Lease number | 66881 |
| Wellbores | 3 |
| Reported production | 238,703 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $334K |
Where BACON "E" 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.