BEAN, TOM
BEAN, TOM is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Texaco E & P Inc. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 196,429 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 $1.2M, with roughly $270K 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 383 barrels a month, about 38 per wellbore. Its strongest month on the record we hold was May 2016, at 689 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, TOM
- Who operates BEAN, TOM?
- BEAN, TOM is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is BEAN, TOM?
- BEAN, TOM is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08290.
- Is BEAN, TOM still producing?
- BEAN, TOM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEAN, TOM is August 2026.
- How much has BEAN, TOM produced?
- BEAN, TOM has reported 196,429 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
- How much is BEAN, TOM worth?
- The remaining production from BEAN, TOM is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $936K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEAN, TOM is a fraction of it. The estimate fits an Arps decline curve to the production BEAN, TOM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEAN, TOM is an estimate of value, not an offer and not an appraisal.
- How much income does BEAN, TOM generate in a year?
- BEAN, TOM is forecast to net about $270K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEAN, TOM 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 | 08290 |
| Wellbores | 10 |
| Reported production | 196,429 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where BEAN, TOM 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.