BAIRD
BAIRD is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Seaco Production. It has 6 wellbores on file with the Commission. Reported production runs from January 2004 to August 2026, totalling 32,015 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 $143K, with roughly $28K 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 29 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was February 2021, at 123 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 BAIRD
- Who operates BAIRD?
- BAIRD is operated by Seaco Production, Railroad Commission of Texas operator number 761250.
- Where is BAIRD?
- BAIRD is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24524.
- Is BAIRD still producing?
- BAIRD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAIRD is August 2026.
- How much has BAIRD produced?
- BAIRD has reported 32,015 barrels of oil (bbl) to the Railroad Commission of Texas between January 2004 and August 2026, from 6 wellbores.
- How much is BAIRD worth?
- The remaining production from BAIRD is estimated to be worth about $143K in total as of 26 August 2026, within a range of $79K to $208K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAIRD is a fraction of it. The estimate fits an Arps decline curve to the production BAIRD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAIRD is an estimate of value, not an offer and not an appraisal.
- How much income does BAIRD generate in a year?
- BAIRD is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAIRD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seaco Production |
|---|---|
| Field | Serbin (Taylor Sand) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 24524 |
| Wellbores | 6 |
| Reported production | 32,015 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $143K |
Where BAIRD 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.