BSM "C"
BSM "C" is a Texas oil lease in Polk County, Railroad Commission district 03, operated by Famcor Oil, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 416,082 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 $771K, with roughly $191K 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 260 barrels a month. Its strongest month on the record we hold was December 2017, at 1,127 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BSM "C"
- Who operates BSM "C"?
- BSM "C" is operated by Famcor Oil, Inc., Railroad Commission of Texas operator number 261273.
- Where is BSM "C"?
- BSM "C" is a Texas oil lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24428.
- Is BSM "C" still producing?
- BSM "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BSM "C" is August 2026.
- How much has BSM "C" produced?
- BSM "C" has reported 416,082 barrels of oil (bbl) to the Railroad Commission of Texas between September 2003 and August 2026, from 1 wellbore.
- How much is BSM "C" worth?
- The remaining production from BSM "C" is estimated to be worth about $771K in total as of 26 August 2026, within a range of $601K to $940K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BSM "C" is a fraction of it. The estimate fits an Arps decline curve to the production BSM "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BSM "C" is an estimate of value, not an offer and not an appraisal.
- How much income does BSM "C" generate in a year?
- BSM "C" is forecast to net about $191K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BSM "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Famcor Oil, Inc. |
|---|---|
| Field | Ace, North (Wilcox) |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 24428 |
| Wellbores | 1 |
| Reported production | 416,082 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $771K |
Where BSM "C" 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.