FUSSELL, R. R.
FUSSELL, R. R. is a Texas oil lease in Milam County, Railroad Commission district 01, operated by Gallaway, W. M. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 35,649 barrels. 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 $256K, with roughly $49K 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 67 barrels a month. Its strongest month on the record we hold was November 2016, at 117 barrels. 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 FUSSELL, R. R.
- Who operates FUSSELL, R. R.?
- FUSSELL, R. R. is operated by Gallaway, W. M., Railroad Commission of Texas operator number 293150.
- Where is FUSSELL, R. R.?
- FUSSELL, R. R. is a Texas oil lease in Milam County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 04083.
- Is FUSSELL, R. R. still producing?
- FUSSELL, R. R. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FUSSELL, R. R. is August 2026.
- How much has FUSSELL, R. R. produced?
- FUSSELL, R. R. has reported 35,649 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FUSSELL, R. R. worth?
- The remaining production from FUSSELL, R. R. is estimated to be worth about $256K in total as of 26 August 2026, within a range of $141K to $371K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FUSSELL, R. R. is a fraction of it. The estimate fits an Arps decline curve to the production FUSSELL, R. R. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FUSSELL, R. R. is an estimate of value, not an offer and not an appraisal.
- How much income does FUSSELL, R. R. generate in a year?
- FUSSELL, R. R. is forecast to net about $49K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FUSSELL, R. R. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gallaway, W. M. |
|---|---|
| Field | Cherokee (Navarro) |
| County | Milam County, Texas |
| RRC district | 01 |
| Lease number | 04083 |
| Wellbores | 1 |
| Reported production | 35,649 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $256K |
Where FUSSELL, R. R. 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.