BULLOCK
BULLOCK is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Olsen Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 48,290 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 $251K, with roughly $48K 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 75 barrels a month. Its strongest month on the record we hold was March 2022, at 128 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 BULLOCK
- Who operates BULLOCK?
- BULLOCK is operated by Olsen Energy Inc., Railroad Commission of Texas operator number 621750.
- Where is BULLOCK?
- BULLOCK is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 10659.
- Is BULLOCK still producing?
- BULLOCK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BULLOCK is August 2026.
- How much has BULLOCK produced?
- BULLOCK has reported 48,290 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BULLOCK worth?
- The remaining production from BULLOCK is estimated to be worth about $251K in total as of 26 August 2026, within a range of $138K to $365K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BULLOCK is a fraction of it. The estimate fits an Arps decline curve to the production BULLOCK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BULLOCK is an estimate of value, not an offer and not an appraisal.
- How much income does BULLOCK generate in a year?
- BULLOCK is forecast to net about $48K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BULLOCK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Olsen Energy Inc. |
|---|---|
| Field | Flat Iron (Strawn) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 10659 |
| Wellbores | 1 |
| Reported production | 48,290 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $251K |
Where BULLOCK 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.