BEAN, JACK
BEAN, JACK is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Texaco E & P Inc. It has 17 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 656,753 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 $3.5M, with roughly $809K 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 1,127 barrels a month, about 66 per wellbore. Its strongest month on the record we hold was December 2022, at 1,479 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 BEAN, JACK
- Who operates BEAN, JACK?
- BEAN, JACK is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is BEAN, JACK?
- BEAN, JACK is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08345.
- Is BEAN, JACK still producing?
- BEAN, JACK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEAN, JACK is August 2026.
- How much has BEAN, JACK produced?
- BEAN, JACK has reported 656,753 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 17 wellbores.
- How much is BEAN, JACK worth?
- The remaining production from BEAN, JACK is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.9M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEAN, JACK is a fraction of it. The estimate fits an Arps decline curve to the production BEAN, JACK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEAN, JACK is an estimate of value, not an offer and not an appraisal.
- How much income does BEAN, JACK generate in a year?
- BEAN, JACK is forecast to net about $809K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BEAN, JACK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | East Texas |
| County | Rusk County, Texas |
| RRC district | 6E |
| Lease number | 08345 |
| Wellbores | 17 |
| Reported production | 656,753 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where BEAN, JACK 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.