BENSON '1392'
BENSON '1392' is a Texas oil lease in Young County, Railroad Commission district 09, operated by Lindsay, Dick. It has 3 wellbores on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 43,415 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 $779K, with roughly $150K 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 151 barrels a month, about 50 per wellbore. Its strongest month on the record we hold was August 2017, at 427 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 BENSON '1392'
- Who operates BENSON '1392'?
- BENSON '1392' is operated by Lindsay, Dick, Railroad Commission of Texas operator number 501300.
- Where is BENSON '1392'?
- BENSON '1392' is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32762.
- Is BENSON '1392' still producing?
- BENSON '1392' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENSON '1392' is August 2026.
- How much has BENSON '1392' produced?
- BENSON '1392' has reported 43,415 barrels of oil (bbl) to the Railroad Commission of Texas between September 2013 and August 2026, from 3 wellbores.
- How much is BENSON '1392' worth?
- The remaining production from BENSON '1392' is estimated to be worth about $779K in total as of 26 August 2026, within a range of $608K to $951K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENSON '1392' is a fraction of it. The estimate fits an Arps decline curve to the production BENSON '1392' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENSON '1392' is an estimate of value, not an offer and not an appraisal.
- How much income does BENSON '1392' generate in a year?
- BENSON '1392' is forecast to net about $150K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BENSON '1392' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lindsay, Dick |
|---|---|
| Field | Jean, NW. (Caddo) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 32762 |
| Wellbores | 3 |
| Reported production | 43,415 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $779K |
Where BENSON '1392' 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.