B-P
B-P is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Nestex Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 9,237 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 $76K, with roughly $14K 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 14 barrels a month. Its strongest month on the record we hold was March 2017, at 84 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 B-P
- Who operates B-P?
- B-P is operated by Nestex Energy, LLC, Railroad Commission of Texas operator number 604725.
- Where is B-P?
- B-P is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25367.
- Is B-P still producing?
- B-P is currently producing. The most recent month of production reported to the Railroad Commission of Texas for B-P is August 2026.
- How much has B-P produced?
- B-P has reported 9,237 barrels of oil (bbl) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is B-P worth?
- The remaining production from B-P is estimated to be worth about $76K in total as of 26 August 2026, within a range of $42K to $110K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in B-P is a fraction of it. The estimate fits an Arps decline curve to the production B-P has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for B-P is an estimate of value, not an offer and not an appraisal.
- How much income does B-P generate in a year?
- B-P is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in B-P receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nestex Energy, LLC |
|---|---|
| Field | Dime Box (Navarro) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 25367 |
| Wellbores | 1 |
| Reported production | 9,237 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $76K |
Where B-P 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.