BASHARA, J. M.
BASHARA, J. M. is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Merit Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 26,798 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 $633K, with roughly $143K 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 246 barrels a month. Its strongest month on the record we hold was November 2018, at 316 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 BASHARA, J. M.
- Who operates BASHARA, J. M.?
- BASHARA, J. M. is operated by Merit Energy Company, Railroad Commission of Texas operator number 561136.
- Where is BASHARA, J. M.?
- BASHARA, J. M. is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46979.
- Is BASHARA, J. M. still producing?
- BASHARA, J. M. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BASHARA, J. M. is August 2026.
- How much has BASHARA, J. M. produced?
- BASHARA, J. M. has reported 26,798 barrels of oil (bbl) to the Railroad Commission of Texas between September 2015 and August 2026, from 1 wellbore.
- How much is BASHARA, J. M. worth?
- The remaining production from BASHARA, J. M. is estimated to be worth about $633K in total as of 26 August 2026, within a range of $494K to $772K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BASHARA, J. M. is a fraction of it. The estimate fits an Arps decline curve to the production BASHARA, J. M. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BASHARA, J. M. is an estimate of value, not an offer and not an appraisal.
- How much income does BASHARA, J. M. generate in a year?
- BASHARA, J. M. is forecast to net about $143K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BASHARA, J. M. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Merit Energy Company |
|---|---|
| Field | Keystone (Consolidated) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 46979 |
| Wellbores | 1 |
| Reported production | 26,798 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $633K |
Where BASHARA, J. M. 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.