BULLHEAD
BULLHEAD is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Discovery Natural Resources Llc. It has 132 wellbores on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 7,613,564 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $5.1M, with roughly $1.3M expected over the next twelve months.
| Operator | Discovery Natural Resources Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20070 |
| Wellbores | 132 |
| Reported production | 7,613,564 bbl |
| First reported | November 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $5.1M |
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.