BENEDUM 3-6
BENEDUM 3-6 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Bold Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2017 to August 2026, totalling 535,723 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 $1.7M, with roughly $828K 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 1,330 barrels a month. Its strongest month on the record we hold was October 2018, at 43,924 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 BENEDUM 3-6
- Who operates BENEDUM 3-6?
- BENEDUM 3-6 is operated by Bold Operating, LLC, Railroad Commission of Texas operator number 080352.
- Where is BENEDUM 3-6?
- BENEDUM 3-6 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19947.
- Is BENEDUM 3-6 still producing?
- BENEDUM 3-6 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENEDUM 3-6 is August 2026.
- How much has BENEDUM 3-6 produced?
- BENEDUM 3-6 has reported 535,723 barrels of oil (bbl) to the Railroad Commission of Texas between December 2017 and August 2026, from 1 wellbore.
- How much is BENEDUM 3-6 worth?
- The remaining production from BENEDUM 3-6 is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.4M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENEDUM 3-6 is a fraction of it. The estimate fits an Arps decline curve to the production BENEDUM 3-6 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENEDUM 3-6 is an estimate of value, not an offer and not an appraisal.
- How much income does BENEDUM 3-6 generate in a year?
- BENEDUM 3-6 is forecast to net about $828K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BENEDUM 3-6 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bold Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 19947 |
| Wellbores | 1 |
| Reported production | 535,723 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where BENEDUM 3-6 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.