MEGALODON 1BS
MEGALODON 1BS is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Point Energy Partners Petro, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 288,162 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 $21.2M, with roughly $4.7M 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 8,769 barrels a month. Its strongest month on the record we hold was December 2022, at 25,409 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 MEGALODON 1BS
- Who operates MEGALODON 1BS?
- MEGALODON 1BS is operated by Point Energy Partners Petro, LLC, Railroad Commission of Texas operator number 668897.
- Where is MEGALODON 1BS?
- MEGALODON 1BS is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59698.
- Is MEGALODON 1BS still producing?
- MEGALODON 1BS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEGALODON 1BS is August 2026.
- How much has MEGALODON 1BS produced?
- MEGALODON 1BS has reported 288,162 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 1 wellbore.
- How much is MEGALODON 1BS worth?
- The remaining production from MEGALODON 1BS is estimated to be worth about $21.2M in total as of 26 August 2026, within a range of $17.6M to $24.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEGALODON 1BS is a fraction of it. The estimate fits an Arps decline curve to the production MEGALODON 1BS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEGALODON 1BS is an estimate of value, not an offer and not an appraisal.
- How much income does MEGALODON 1BS generate in a year?
- MEGALODON 1BS is forecast to net about $4.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MEGALODON 1BS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Point Energy Partners Petro, LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 59698 |
| Wellbores | 1 |
| Reported production | 288,162 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21.2M |
Where MEGALODON 1BS 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.