BERING
BERING is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Atlantic Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 78,725 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 $1.5M, with roughly $327K 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 476 barrels a month, about 238 per wellbore. Its strongest month on the record we hold was June 2022, at 646 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 BERING
- Who operates BERING?
- BERING is operated by Atlantic Operating, Inc., Railroad Commission of Texas operator number 036546.
- Where is BERING?
- BERING is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45160.
- Is BERING still producing?
- BERING is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BERING is August 2026.
- How much has BERING produced?
- BERING has reported 78,725 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 2 wellbores.
- How much is BERING worth?
- The remaining production from BERING is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.1M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BERING is a fraction of it. The estimate fits an Arps decline curve to the production BERING has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BERING is an estimate of value, not an offer and not an appraisal.
- How much income does BERING generate in a year?
- BERING is forecast to net about $327K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BERING receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Atlantic Operating, Inc. |
|---|---|
| Field | Grice (Delaware) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 45160 |
| Wellbores | 2 |
| Reported production | 78,725 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where BERING 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.