WOOLUM
WOOLUM is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by 7711 Corporation, The. It has 1 wellbore on file with the Commission. Reported production runs from May 2009 to August 2026, totalling 31,417 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 $82K, with roughly $13K 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 barrels a month. Its strongest month on the record we hold was September 2017, at 220 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 WOOLUM
- Who operates WOOLUM?
- WOOLUM is operated by 7711 Corporation, The, Railroad Commission of Texas operator number 954998.
- Where is WOOLUM?
- WOOLUM is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25377.
- Is WOOLUM still producing?
- WOOLUM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOOLUM is August 2026.
- How much has WOOLUM produced?
- WOOLUM has reported 31,417 barrels of oil (bbl) to the Railroad Commission of Texas between May 2009 and August 2026, from 1 wellbore.
- How much is WOOLUM worth?
- The remaining production from WOOLUM is estimated to be worth about $82K in total as of 26 August 2026, within a range of $0 to $163K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOOLUM is a fraction of it. The estimate fits an Arps decline curve to the production WOOLUM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOOLUM is an estimate of value, not an offer and not an appraisal.
- How much income does WOOLUM generate in a year?
- WOOLUM is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WOOLUM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 7711 Corporation, The |
|---|---|
| Field | Giddings (Buda) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 25377 |
| Wellbores | 1 |
| Reported production | 31,417 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $82K |
Where WOOLUM 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.