LULING FOUNDATION
LULING FOUNDATION is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Texlan Oil Company, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 6,218 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 $38K, with roughly $7K 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 7 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was June 2018, at 135 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 LULING FOUNDATION
- Who operates LULING FOUNDATION?
- LULING FOUNDATION is operated by Texlan Oil Company, Inc., Railroad Commission of Texas operator number 849740.
- Where is LULING FOUNDATION?
- LULING FOUNDATION is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 02989.
- Is LULING FOUNDATION still producing?
- LULING FOUNDATION is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LULING FOUNDATION is August 2026.
- How much has LULING FOUNDATION produced?
- LULING FOUNDATION has reported 6,218 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is LULING FOUNDATION worth?
- The remaining production from LULING FOUNDATION is estimated to be worth about $38K in total as of 26 August 2026, within a range of $0 to $75K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LULING FOUNDATION is a fraction of it. The estimate fits an Arps decline curve to the production LULING FOUNDATION has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LULING FOUNDATION is an estimate of value, not an offer and not an appraisal.
- How much income does LULING FOUNDATION generate in a year?
- LULING FOUNDATION is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LULING FOUNDATION receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texlan Oil Company, Inc. |
|---|---|
| Field | Salt Flat |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 02989 |
| Wellbores | 3 |
| Reported production | 6,218 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $38K |
Where LULING FOUNDATION 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.