UL LUCKY BEAR 33-28 D
UL LUCKY BEAR 33-28 D is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Sabalo II Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from May 2025 to August 2026, totalling 118,134 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 $25.1M, with roughly $6.0M 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 8,959 barrels a month, about 4,479 per wellbore. Its strongest month on the record we hold was October 2025, at 16,138 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 UL LUCKY BEAR 33-28 D
- Who operates UL LUCKY BEAR 33-28 D?
- UL LUCKY BEAR 33-28 D is operated by Sabalo II Operating, LLC, Railroad Commission of Texas operator number 741937.
- Where is UL LUCKY BEAR 33-28 D?
- UL LUCKY BEAR 33-28 D is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63872.
- Is UL LUCKY BEAR 33-28 D still producing?
- UL LUCKY BEAR 33-28 D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL LUCKY BEAR 33-28 D is August 2026.
- How much has UL LUCKY BEAR 33-28 D produced?
- UL LUCKY BEAR 33-28 D has reported 118,134 barrels of oil (bbl) to the Railroad Commission of Texas between May 2025 and August 2026, from 2 wellbores.
- How much is UL LUCKY BEAR 33-28 D worth?
- The remaining production from UL LUCKY BEAR 33-28 D is estimated to be worth about $25.1M in total as of 27 August 2026, within a range of $20.9M to $29.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL LUCKY BEAR 33-28 D is a fraction of it. The estimate fits an Arps decline curve to the production UL LUCKY BEAR 33-28 D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL LUCKY BEAR 33-28 D is an estimate of value, not an offer and not an appraisal.
- How much income does UL LUCKY BEAR 33-28 D generate in a year?
- UL LUCKY BEAR 33-28 D is forecast to net about $6.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL LUCKY BEAR 33-28 D receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sabalo II Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 63872 |
| Wellbores | 2 |
| Reported production | 118,134 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $25.1M |
Where UL LUCKY BEAR 33-28 D 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.