BASIN ROYALTY
BASIN ROYALTY is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by 4p Energy Texas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2017 to August 2026, totalling 392,674 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 $4.6M, with roughly $1.1M 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 1,310 barrels a month. Its strongest month on the record we hold was August 2017, at 17,378 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 BASIN ROYALTY
- Who operates BASIN ROYALTY?
- BASIN ROYALTY is operated by 4p Energy Texas, LLC, Railroad Commission of Texas operator number 953803.
- Where is BASIN ROYALTY?
- BASIN ROYALTY is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09596.
- Is BASIN ROYALTY still producing?
- BASIN ROYALTY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BASIN ROYALTY is August 2026.
- How much has BASIN ROYALTY produced?
- BASIN ROYALTY has reported 392,674 barrels of oil (bbl) to the Railroad Commission of Texas between January 2017 and August 2026, from 1 wellbore.
- How much is BASIN ROYALTY worth?
- The remaining production from BASIN ROYALTY is estimated to be worth about $4.6M in total as of 26 August 2026, within a range of $3.9M to $5.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BASIN ROYALTY is a fraction of it. The estimate fits an Arps decline curve to the production BASIN ROYALTY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BASIN ROYALTY is an estimate of value, not an offer and not an appraisal.
- How much income does BASIN ROYALTY generate in a year?
- BASIN ROYALTY is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BASIN ROYALTY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 4p Energy Texas, LLC |
|---|---|
| Field | Mills Ranch (Granite Wash Cons.) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 09596 |
| Wellbores | 1 |
| Reported production | 392,674 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.6M |
Where BASIN ROYALTY 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.