BODINE-B-
BODINE-B- is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Broad Oak Energy, Inc. It has 8 wellbores on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 219,051 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 $3.0M, with roughly $566K 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 444 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was July 2016, at 1,832 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 BODINE-B-
- Who operates BODINE-B-?
- BODINE-B- is operated by Broad Oak Energy, Inc., Railroad Commission of Texas operator number 094741.
- Where is BODINE-B-?
- BODINE-B- is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17577.
- Is BODINE-B- still producing?
- BODINE-B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BODINE-B- is August 2026.
- How much has BODINE-B- produced?
- BODINE-B- has reported 219,051 barrels of oil (bbl) to the Railroad Commission of Texas between February 2011 and August 2026, from 8 wellbores.
- How much is BODINE-B- worth?
- The remaining production from BODINE-B- is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.4M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BODINE-B- is a fraction of it. The estimate fits an Arps decline curve to the production BODINE-B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BODINE-B- is an estimate of value, not an offer and not an appraisal.
- How much income does BODINE-B- generate in a year?
- BODINE-B- is forecast to net about $566K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BODINE-B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Broad Oak Energy, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 17577 |
| Wellbores | 8 |
| Reported production | 219,051 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where BODINE-B- 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.