HULL
HULL is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Westerly Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2010 to August 2026, totalling 53,319 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 $668K, with roughly $129K 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 173 barrels a month. Its strongest month on the record we hold was January 2020, at 737 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 HULL
- Who operates HULL?
- HULL is operated by Westerly Exploration, Inc., Railroad Commission of Texas operator number 911690.
- Where is HULL?
- HULL is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69585.
- Is HULL still producing?
- HULL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HULL is August 2026.
- How much has HULL produced?
- HULL has reported 53,319 barrels of oil (bbl) to the Railroad Commission of Texas between May 2010 and August 2026, from 1 wellbore.
- How much is HULL worth?
- The remaining production from HULL is estimated to be worth about $668K in total as of 26 August 2026, within a range of $521K to $815K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HULL is a fraction of it. The estimate fits an Arps decline curve to the production HULL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HULL is an estimate of value, not an offer and not an appraisal.
- How much income does HULL generate in a year?
- HULL is forecast to net about $129K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HULL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Westerly Exploration, Inc. |
|---|---|
| Field | Jo-Mill (Spraberry) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 69585 |
| Wellbores | 1 |
| Reported production | 53,319 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $668K |
Where HULL 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.