PURL, OLLIE B
PURL, OLLIE B is a Texas gas lease in Nueces County, Railroad Commission district 04, operated by Gillring Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 209,978 thousand cubic feet. 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 $20K, with roughly $3K 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 185 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 1,278 thousand cubic feet. 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 PURL, OLLIE B
- Who operates PURL, OLLIE B?
- PURL, OLLIE B is operated by Gillring Oil Company, Railroad Commission of Texas operator number 306400.
- Where is PURL, OLLIE B?
- PURL, OLLIE B is a Texas gas lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 138637.
- Is PURL, OLLIE B still producing?
- PURL, OLLIE B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PURL, OLLIE B is August 2026.
- How much has PURL, OLLIE B produced?
- PURL, OLLIE B has reported 209,978 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PURL, OLLIE B worth?
- The remaining production from PURL, OLLIE B is estimated to be worth about $20K in total as of 27 August 2026, within a range of $16K to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PURL, OLLIE B is a fraction of it. The estimate fits an Arps decline curve to the production PURL, OLLIE B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PURL, OLLIE B is an estimate of value, not an offer and not an appraisal.
- How much income does PURL, OLLIE B generate in a year?
- PURL, OLLIE B is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PURL, OLLIE B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gillring Oil Company |
|---|---|
| Field | Agua Dulce (5600 Rivers No. 4) |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 138637 |
| Wellbores | 1 |
| Reported production | 209,978 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where PURL, OLLIE B 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.