OASIS 9-16-33-40
OASIS 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 August 2022 to August 2026, totalling 365,502 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 $20.0M, with roughly $5.1M 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 7,310 barrels a month. Its strongest month on the record we hold was July 2023, at 27,639 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 OASIS 9-16-33-40
- Who operates OASIS 9-16-33-40?
- OASIS 9-16-33-40 is operated by Bayswater Operating Company LLC, Railroad Commission of Texas operator number 058827.
- Where is OASIS 9-16-33-40?
- OASIS 9-16-33-40 is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58871.
- Is OASIS 9-16-33-40 still producing?
- OASIS 9-16-33-40 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OASIS 9-16-33-40 is August 2026.
- How much has OASIS 9-16-33-40 produced?
- OASIS 9-16-33-40 has reported 365,502 barrels of oil (bbl) to the Railroad Commission of Texas between August 2022 and August 2026, from 1 wellbore.
- How much is OASIS 9-16-33-40 worth?
- The remaining production from OASIS 9-16-33-40 is estimated to be worth about $20.0M in total as of 27 August 2026, within a range of $16.6M to $23.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OASIS 9-16-33-40 is a fraction of it. The estimate fits an Arps decline curve to the production OASIS 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 OASIS 9-16-33-40 is an estimate of value, not an offer and not an appraisal.
- How much income does OASIS 9-16-33-40 generate in a year?
- OASIS 9-16-33-40 is forecast to net about $5.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OASIS 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 | 58871 |
| Wellbores | 1 |
| Reported production | 365,502 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20.0M |
Where OASIS 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.