BATEMAN TRUST EST. ACCOUNT NO. 1

BATEMAN TRUST EST. ACCOUNT NO. 1 is a Texas oil lease in King County, Railroad Commission district 8A, operated by PPC Operating Company LLC. It has 51 wellbores on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 586,509 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 $4.9M, with roughly $1.6M 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 2,587 barrels a month, about 51 per wellbore. Its strongest month on the record we hold was May 2017, at 8,373 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 BATEMAN TRUST EST. ACCOUNT NO. 1

Who operates BATEMAN TRUST EST. ACCOUNT NO. 1?: BATEMAN TRUST EST. ACCOUNT NO. 1 is operated by PPC Operating Company LLC, Railroad Commission of Texas operator number 631462.
Where is BATEMAN TRUST EST. ACCOUNT NO. 1?: BATEMAN TRUST EST. ACCOUNT NO. 1 is a Texas oil lease in King County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70207.
Is BATEMAN TRUST EST. ACCOUNT NO. 1 still producing?: BATEMAN TRUST EST. ACCOUNT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BATEMAN TRUST EST. ACCOUNT NO. 1 is August 2026.
How much has BATEMAN TRUST EST. ACCOUNT NO. 1 produced?: BATEMAN TRUST EST. ACCOUNT NO. 1 has reported 586,509 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 51 wellbores.
How much is BATEMAN TRUST EST. ACCOUNT NO. 1 worth?: The remaining production from BATEMAN TRUST EST. ACCOUNT NO. 1 is estimated to be worth about $4.9M in total as of 26 August 2026, within a range of $4.0M to $5.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BATEMAN TRUST EST. ACCOUNT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production BATEMAN TRUST EST. ACCOUNT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BATEMAN TRUST EST. ACCOUNT NO. 1 is an estimate of value, not an offer and not an appraisal.
How much income does BATEMAN TRUST EST. ACCOUNT NO. 1 generate in a year?: BATEMAN TRUST EST. ACCOUNT NO. 1 is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BATEMAN TRUST EST. ACCOUNT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BATEMAN TRUST EST. ACCOUNT NO. 1 as filed with the Railroad Commission of Texas
Operator	PPC Operating Company LLC
Field	Bateman Ranch
County	King County, Texas
RRC district	8A
Lease number	70207
Wellbores	51
Reported production	586,509 bbl
First reported	July 2014
Last reported	August 2026
Estimated royalty value	$4.9M

Where BATEMAN TRUST EST. ACCOUNT NO. 1 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.