BENDER C 252
BENDER C 252 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Black Swan Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from May 2022 to August 2026, totalling 484,293 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 $4.6M, with roughly $2.0M 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 3,329 barrels a month, about 1,664 per wellbore. Its strongest month on the record we hold was June 2022, at 52,163 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 BENDER C 252
- Who operates BENDER C 252?
- BENDER C 252 is operated by Black Swan Operating, LLC, Railroad Commission of Texas operator number 072762.
- Where is BENDER C 252?
- BENDER C 252 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57560.
- Is BENDER C 252 still producing?
- BENDER C 252 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENDER C 252 is August 2026.
- How much has BENDER C 252 produced?
- BENDER C 252 has reported 484,293 barrels of oil (bbl) to the Railroad Commission of Texas between May 2022 and August 2026, from 2 wellbores.
- How much is BENDER C 252 worth?
- The remaining production from BENDER C 252 is estimated to be worth about $4.6M in total as of 26 August 2026, within a range of $3.8M to $5.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENDER C 252 is a fraction of it. The estimate fits an Arps decline curve to the production BENDER C 252 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENDER C 252 is an estimate of value, not an offer and not an appraisal.
- How much income does BENDER C 252 generate in a year?
- BENDER C 252 is forecast to net about $2.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BENDER C 252 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Black Swan Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 57560 |
| Wellbores | 2 |
| Reported production | 484,293 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.6M |
Where BENDER C 252 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.