BENELLI
BENELLI is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Woodbine Acquisition LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2013 to August 2026, totalling 162,856 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 $1.2M, with roughly $319K 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 461 barrels a month. Its strongest month on the record we hold was April 2021, at 1,515 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 BENELLI
- Who operates BENELLI?
- BENELLI is operated by Woodbine Acquisition LLC, Railroad Commission of Texas operator number 937857.
- Where is BENELLI?
- BENELLI is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26504.
- Is BENELLI still producing?
- BENELLI is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENELLI is August 2026.
- How much has BENELLI produced?
- BENELLI has reported 162,856 barrels of oil (bbl) to the Railroad Commission of Texas between June 2013 and August 2026, from 1 wellbore.
- How much is BENELLI worth?
- The remaining production from BENELLI is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $950K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENELLI is a fraction of it. The estimate fits an Arps decline curve to the production BENELLI has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENELLI is an estimate of value, not an offer and not an appraisal.
- How much income does BENELLI generate in a year?
- BENELLI is forecast to net about $319K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BENELLI receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Woodbine Acquisition LLC |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 26504 |
| Wellbores | 1 |
| Reported production | 162,856 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where BENELLI 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.