BEAN
BEAN is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Paladin Exploration Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 46,880 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 $76K, with roughly $15K 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 22 barrels a month. Its strongest month on the record we hold was December 2017, at 173 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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
- Who operates BEAN?
- BEAN is operated by Paladin Exploration Co., Inc., Railroad Commission of Texas operator number 635102.
- Where is BEAN?
- BEAN is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66648.
- Is BEAN still producing?
- BEAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEAN is August 2026.
- How much has BEAN produced?
- BEAN has reported 46,880 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BEAN worth?
- The remaining production from BEAN is estimated to be worth about $76K in total as of 26 August 2026, within a range of $42K to $111K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEAN is a fraction of it. The estimate fits an Arps decline curve to the production BEAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEAN is an estimate of value, not an offer and not an appraisal.
- How much income does BEAN generate in a year?
- BEAN is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Paladin Exploration Co., Inc. |
|---|---|
| Field | Tokio (Wolfcamp) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 66648 |
| Wellbores | 1 |
| Reported production | 46,880 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $76K |
Where BEAN 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.