BEAN, NAT
BEAN, NAT is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Mobil Producing TX. & N.M. Inc. It has 15 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 158,901 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 $787K, with roughly $178K 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 271 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was August 2019, at 539 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 BEAN, NAT
- Who operates BEAN, NAT?
- BEAN, NAT is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is BEAN, NAT?
- BEAN, NAT is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08104.
- Is BEAN, NAT still producing?
- BEAN, NAT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEAN, NAT is August 2026.
- How much has BEAN, NAT produced?
- BEAN, NAT has reported 158,901 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 15 wellbores.
- How much is BEAN, NAT worth?
- The remaining production from BEAN, NAT is estimated to be worth about $787K in total as of 26 August 2026, within a range of $614K to $960K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEAN, NAT is a fraction of it. The estimate fits an Arps decline curve to the production BEAN, NAT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEAN, NAT is an estimate of value, not an offer and not an appraisal.
- How much income does BEAN, NAT generate in a year?
- BEAN, NAT is forecast to net about $178K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEAN, NAT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | East Texas |
| County | Rusk County, Texas |
| RRC district | 6E |
| Lease number | 08104 |
| Wellbores | 15 |
| Reported production | 158,901 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $787K |
Where BEAN, NAT 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.