BULL RUN UNIT
BULL RUN UNIT is a Texas gas lease in Polk County, Railroad Commission district 03, operated by Arcadia Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2025 to August 2026, totalling 30,758 thousand cubic feet. The lease is intermittent. 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 $54K, with roughly $7K 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 2,796 thousand cubic feet a month. Its strongest month on the record we hold was September 2025, at 9,333 thousand cubic feet. 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 BULL RUN UNIT
- Who operates BULL RUN UNIT?
- BULL RUN UNIT is operated by Arcadia Operating, LLC, Railroad Commission of Texas operator number 028734.
- Where is BULL RUN UNIT?
- BULL RUN UNIT is a Texas gas lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 300157.
- Is BULL RUN UNIT still producing?
- BULL RUN UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BULL RUN UNIT is August 2026.
- How much has BULL RUN UNIT produced?
- BULL RUN UNIT has reported 30,758 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2025 and August 2026, from 1 wellbore.
- How much is BULL RUN UNIT worth?
- The remaining production from BULL RUN UNIT is estimated to be worth about $54K in total as of 27 August 2026, within a range of $45K to $63K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BULL RUN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BULL RUN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BULL RUN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BULL RUN UNIT generate in a year?
- BULL RUN UNIT is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BULL RUN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arcadia Operating, LLC |
|---|---|
| Field | Ace, North (4850) |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 300157 |
| Wellbores | 1 |
| Reported production | 30,758 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $54K |
Where BULL RUN UNIT 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.