LONG, BERNICE
LONG, BERNICE is a Texas oil lease in Young County, Railroad Commission district 09, operated by Exorare Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 1993 to August 2026, totalling 18,934 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 $98K, with roughly $14K 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 10 barrels a month. Its strongest month on the record we hold was February 2024, at 53 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LONG, BERNICE
- Who operates LONG, BERNICE?
- LONG, BERNICE is operated by Exorare Energy, Inc., Railroad Commission of Texas operator number 256997.
- Where is LONG, BERNICE?
- LONG, BERNICE is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28659.
- Is LONG, BERNICE still producing?
- LONG, BERNICE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LONG, BERNICE is August 2026.
- How much has LONG, BERNICE produced?
- LONG, BERNICE has reported 18,934 barrels of oil (bbl) to the Railroad Commission of Texas between September 1993 and August 2026, from 1 wellbore.
- How much is LONG, BERNICE worth?
- The remaining production from LONG, BERNICE is estimated to be worth about $98K in total as of 26 August 2026, within a range of $54K to $142K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LONG, BERNICE is a fraction of it. The estimate fits an Arps decline curve to the production LONG, BERNICE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LONG, BERNICE is an estimate of value, not an offer and not an appraisal.
- How much income does LONG, BERNICE generate in a year?
- LONG, BERNICE is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LONG, BERNICE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exorare Energy, Inc. |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 28659 |
| Wellbores | 1 |
| Reported production | 18,934 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $98K |
Where LONG, BERNICE 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.