BULLEIT 12-15-16 UNIT
BULLEIT 12-15-16 UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Luxe Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2019 to August 2026, totalling 5,344,090 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 $3.9M, with roughly $851K 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 19,036 thousand cubic feet a month. Its strongest month on the record we hold was April 2021, at 906,250 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BULLEIT 12-15-16 UNIT
- Who operates BULLEIT 12-15-16 UNIT?
- BULLEIT 12-15-16 UNIT is operated by Luxe Operating LLC, Railroad Commission of Texas operator number 511772.
- Where is BULLEIT 12-15-16 UNIT?
- BULLEIT 12-15-16 UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 289561.
- Is BULLEIT 12-15-16 UNIT still producing?
- BULLEIT 12-15-16 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BULLEIT 12-15-16 UNIT is August 2026.
- How much has BULLEIT 12-15-16 UNIT produced?
- BULLEIT 12-15-16 UNIT has reported 5,344,090 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2019 and August 2026, from 1 wellbore.
- How much is BULLEIT 12-15-16 UNIT worth?
- The remaining production from BULLEIT 12-15-16 UNIT is estimated to be worth about $3.9M in total as of 27 August 2026, within a range of $3.2M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BULLEIT 12-15-16 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BULLEIT 12-15-16 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BULLEIT 12-15-16 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BULLEIT 12-15-16 UNIT generate in a year?
- BULLEIT 12-15-16 UNIT is forecast to net about $851K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BULLEIT 12-15-16 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Luxe Operating LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 289561 |
| Wellbores | 1 |
| Reported production | 5,344,090 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where BULLEIT 12-15-16 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.