BAIN, R. A. NO. 1
BAIN, R. A. NO. 1 is a Texas gas lease in Navarro County, Railroad Commission district 05, operated by Lehnertz, G. M. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 29,702 thousand cubic feet. The lease is intermittent. 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 $2K, with roughly $269 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 8 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 157 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BAIN, R. A. NO. 1
- Who operates BAIN, R. A. NO. 1?
- BAIN, R. A. NO. 1 is operated by Lehnertz, G. M., Railroad Commission of Texas operator number 495690.
- Where is BAIN, R. A. NO. 1?
- BAIN, R. A. NO. 1 is a Texas gas lease in Navarro County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 118329.
- Is BAIN, R. A. NO. 1 still producing?
- BAIN, R. A. NO. 1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BAIN, R. A. NO. 1 is August 2026.
- How much has BAIN, R. A. NO. 1 produced?
- BAIN, R. A. NO. 1 has reported 29,702 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BAIN, R. A. NO. 1 worth?
- The remaining production from BAIN, R. A. NO. 1 is estimated to be worth about $2K in total as of 26 August 2026, within a range of $0 to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAIN, R. A. NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production BAIN, R. A. NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAIN, R. A. NO. 1 is an estimate of value, not an offer and not an appraisal.
- How much income does BAIN, R. A. NO. 1 generate in a year?
- BAIN, R. A. NO. 1 is forecast to net about $269 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAIN, R. A. NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lehnertz, G. M. |
|---|---|
| Field | Alligator Creek (Sub-Clrksvl.) |
| County | Navarro County, Texas |
| RRC district | 05 |
| Lease number | 118329 |
| Wellbores | 1 |
| Reported production | 29,702 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where BAIN, R. A. NO. 1 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.