NILE 9-16-33-40
NILE 9-16-33-40 is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Bayswater Operating Company LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2024 to August 2026, totalling 229,400 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 $2.3M, with roughly $1.7M 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 6,457 barrels a month. Its strongest month on the record we hold was October 2024, at 37,815 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 NILE 9-16-33-40
- Who operates NILE 9-16-33-40?
- NILE 9-16-33-40 is operated by Bayswater Operating Company LLC, Railroad Commission of Texas operator number 058827.
- Where is NILE 9-16-33-40?
- NILE 9-16-33-40 is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62503.
- Is NILE 9-16-33-40 still producing?
- NILE 9-16-33-40 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NILE 9-16-33-40 is August 2026.
- How much has NILE 9-16-33-40 produced?
- NILE 9-16-33-40 has reported 229,400 barrels of oil (bbl) to the Railroad Commission of Texas between September 2024 and August 2026, from 1 wellbore.
- How much is NILE 9-16-33-40 worth?
- The remaining production from NILE 9-16-33-40 is estimated to be worth about $2.3M in total as of 27 August 2026, within a range of $1.9M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NILE 9-16-33-40 is a fraction of it. The estimate fits an Arps decline curve to the production NILE 9-16-33-40 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NILE 9-16-33-40 is an estimate of value, not an offer and not an appraisal.
- How much income does NILE 9-16-33-40 generate in a year?
- NILE 9-16-33-40 is forecast to net about $1.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NILE 9-16-33-40 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bayswater Operating Company LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 62503 |
| Wellbores | 1 |
| Reported production | 229,400 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where NILE 9-16-33-40 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.