BOLES
BOLES is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Culebra Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2001 to August 2026, totalling 248,559 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 $74K, 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 620 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 1,381 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 BOLES
- Who operates BOLES?
- BOLES is operated by Culebra Oil & Gas, LLC, Railroad Commission of Texas operator number 192452.
- Where is BOLES?
- BOLES is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 182327.
- Is BOLES still producing?
- BOLES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOLES is August 2026.
- How much has BOLES produced?
- BOLES has reported 248,559 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2001 and August 2026, from 1 wellbore.
- How much is BOLES worth?
- The remaining production from BOLES is estimated to be worth about $74K in total as of 27 August 2026, within a range of $57K to $90K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOLES is a fraction of it. The estimate fits an Arps decline curve to the production BOLES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOLES is an estimate of value, not an offer and not an appraisal.
- How much income does BOLES generate in a year?
- BOLES is forecast to net about $14K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BOLES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Culebra Oil & Gas, LLC |
|---|---|
| Field | Rector (Marble Falls) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 182327 |
| Wellbores | 1 |
| Reported production | 248,559 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $74K |
Where BOLES 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.