BENDELE, HENRY
BENDELE, HENRY is a Texas oil lease in Medina County, Railroad Commission district 01, operated by Cardinal Energy Company. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,082 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 $94K, with roughly $18K 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 15 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was March 2026, at 134 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 BENDELE, HENRY
- Who operates BENDELE, HENRY?
- BENDELE, HENRY is operated by Cardinal Energy Company, Railroad Commission of Texas operator number 130788.
- Where is BENDELE, HENRY?
- BENDELE, HENRY is a Texas oil lease in Medina County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 03602.
- Is BENDELE, HENRY still producing?
- BENDELE, HENRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENDELE, HENRY is August 2026.
- How much has BENDELE, HENRY produced?
- BENDELE, HENRY has reported 25,082 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is BENDELE, HENRY worth?
- The remaining production from BENDELE, HENRY is estimated to be worth about $94K in total as of 27 August 2026, within a range of $52K to $136K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENDELE, HENRY is a fraction of it. The estimate fits an Arps decline curve to the production BENDELE, HENRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENDELE, HENRY is an estimate of value, not an offer and not an appraisal.
- How much income does BENDELE, HENRY generate in a year?
- BENDELE, HENRY is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BENDELE, HENRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cardinal Energy Company |
|---|---|
| Field | Taylor-Ina |
| County | Medina County, Texas |
| RRC district | 01 |
| Lease number | 03602 |
| Wellbores | 6 |
| Reported production | 25,082 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $94K |
Where BENDELE, HENRY 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.