BULLER
BULLER is a Texas oil lease in Brazoria County, Railroad Commission district 03, operated by Samedan Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from August 2002 to August 2026, totalling 308,947 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 $893K, with roughly $171K 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 275 barrels a month. Its strongest month on the record we hold was August 2016, at 755 barrels. 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 BULLER
- Who operates BULLER?
- BULLER is operated by Samedan Oil Corporation, Railroad Commission of Texas operator number 744600.
- Where is BULLER?
- BULLER is a Texas oil lease in Brazoria County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24252.
- Is BULLER still producing?
- BULLER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BULLER is August 2026.
- How much has BULLER produced?
- BULLER has reported 308,947 barrels of oil (bbl) to the Railroad Commission of Texas between August 2002 and August 2026, from 1 wellbore.
- How much is BULLER worth?
- The remaining production from BULLER is estimated to be worth about $893K in total as of 26 August 2026, within a range of $697K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BULLER is a fraction of it. The estimate fits an Arps decline curve to the production BULLER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BULLER is an estimate of value, not an offer and not an appraisal.
- How much income does BULLER generate in a year?
- BULLER is forecast to net about $171K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BULLER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samedan Oil Corporation |
|---|---|
| Field | Algoa, West (Frio A) |
| County | Brazoria County, Texas |
| RRC district | 03 |
| Lease number | 24252 |
| Wellbores | 1 |
| Reported production | 308,947 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $893K |
Where BULLER 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.