BEASLEY 48
BEASLEY 48 is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Texland Petroleum, L.P. It has 5 wellbores on file with the Commission. Reported production runs from December 2005 to August 2026, totalling 296,518 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 $1.5M, with roughly $432K 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 634 barrels a month, about 127 per wellbore. Its strongest month on the record we hold was May 2016, at 1,337 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 BEASLEY 48
- Who operates BEASLEY 48?
- BEASLEY 48 is operated by Texland Petroleum, L.P., Railroad Commission of Texas operator number 849735.
- Where is BEASLEY 48?
- BEASLEY 48 is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68850.
- Is BEASLEY 48 still producing?
- BEASLEY 48 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEASLEY 48 is August 2026.
- How much has BEASLEY 48 produced?
- BEASLEY 48 has reported 296,518 barrels of oil (bbl) to the Railroad Commission of Texas between December 2005 and August 2026, from 5 wellbores.
- How much is BEASLEY 48 worth?
- The remaining production from BEASLEY 48 is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEASLEY 48 is a fraction of it. The estimate fits an Arps decline curve to the production BEASLEY 48 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEASLEY 48 is an estimate of value, not an offer and not an appraisal.
- How much income does BEASLEY 48 generate in a year?
- BEASLEY 48 is forecast to net about $432K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEASLEY 48 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texland Petroleum, L.P. |
|---|---|
| Field | Sunflower (San Andres) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 68850 |
| Wellbores | 5 |
| Reported production | 296,518 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where BEASLEY 48 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.