CULLEN HEIRS 2
CULLEN HEIRS 2 is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Forest Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 511,190 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 $15K, with roughly $2K 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 92 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 8,696 thousand cubic feet. 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 CULLEN HEIRS 2
- Who operates CULLEN HEIRS 2?
- CULLEN HEIRS 2 is operated by Forest Oil Corporation, Railroad Commission of Texas operator number 275740.
- Where is CULLEN HEIRS 2?
- CULLEN HEIRS 2 is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 229283.
- Is CULLEN HEIRS 2 still producing?
- CULLEN HEIRS 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CULLEN HEIRS 2 is August 2026.
- How much has CULLEN HEIRS 2 produced?
- CULLEN HEIRS 2 has reported 511,190 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2007 and August 2026, from 1 wellbore.
- How much is CULLEN HEIRS 2 worth?
- The remaining production from CULLEN HEIRS 2 is estimated to be worth about $15K in total as of 26 August 2026, within a range of $8K to $22K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CULLEN HEIRS 2 is a fraction of it. The estimate fits an Arps decline curve to the production CULLEN HEIRS 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CULLEN HEIRS 2 is an estimate of value, not an offer and not an appraisal.
- How much income does CULLEN HEIRS 2 generate in a year?
- CULLEN HEIRS 2 is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CULLEN HEIRS 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forest Oil Corporation |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 229283 |
| Wellbores | 1 |
| Reported production | 511,190 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
Where CULLEN HEIRS 2 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.