BOULDIN
BOULDIN is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Jet-Star Co. It has 16 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,502 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 $245K, with roughly $47K 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 60 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was January 2021, at 129 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 BOULDIN
- Who operates BOULDIN?
- BOULDIN is operated by Jet-Star Co., Railroad Commission of Texas operator number 432123.
- Where is BOULDIN?
- BOULDIN is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 04215.
- Is BOULDIN still producing?
- BOULDIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOULDIN is August 2026.
- How much has BOULDIN produced?
- BOULDIN has reported 23,502 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 16 wellbores.
- How much is BOULDIN worth?
- The remaining production from BOULDIN is estimated to be worth about $245K in total as of 26 August 2026, within a range of $135K to $356K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOULDIN is a fraction of it. The estimate fits an Arps decline curve to the production BOULDIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOULDIN is an estimate of value, not an offer and not an appraisal.
- How much income does BOULDIN generate in a year?
- BOULDIN is forecast to net about $47K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOULDIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jet-Star Co. |
|---|---|
| Field | Montague County Regular |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 04215 |
| Wellbores | 16 |
| Reported production | 23,502 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $245K |
Where BOULDIN 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.