SILVER BULLET
SILVER BULLET is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Estancia Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2015 to August 2026, totalling 29,650 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 $526K, with roughly $101K 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 176 barrels a month. Its strongest month on the record we hold was October 2022, at 733 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 SILVER BULLET
- Who operates SILVER BULLET?
- SILVER BULLET is operated by Estancia Oil & Gas, LLC, Railroad Commission of Texas operator number 254455.
- Where is SILVER BULLET?
- SILVER BULLET is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70343.
- Is SILVER BULLET still producing?
- SILVER BULLET is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SILVER BULLET is August 2026.
- How much has SILVER BULLET produced?
- SILVER BULLET has reported 29,650 barrels of oil (bbl) to the Railroad Commission of Texas between June 2015 and August 2026, from 1 wellbore.
- How much is SILVER BULLET worth?
- The remaining production from SILVER BULLET is estimated to be worth about $526K in total as of 27 August 2026, within a range of $410K to $641K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SILVER BULLET is a fraction of it. The estimate fits an Arps decline curve to the production SILVER BULLET has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SILVER BULLET is an estimate of value, not an offer and not an appraisal.
- How much income does SILVER BULLET generate in a year?
- SILVER BULLET is forecast to net about $101K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SILVER BULLET receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Estancia Oil & Gas, LLC |
|---|---|
| Field | Peg'S Hill (Strawn) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 70343 |
| Wellbores | 1 |
| Reported production | 29,650 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $526K |
Where SILVER BULLET 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.