LULING UNIT #8
LULING UNIT #8 is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Lottie Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,404 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 $25K, with roughly $5K 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 11 barrels a month. Its strongest month on the record we hold was July 2025, at 48 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 LULING UNIT #8
- Who operates LULING UNIT #8?
- LULING UNIT #8 is operated by Lottie Oil Co., Railroad Commission of Texas operator number 509375.
- Where is LULING UNIT #8?
- LULING UNIT #8 is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 02985.
- Is LULING UNIT #8 still producing?
- LULING UNIT #8 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LULING UNIT #8 is August 2026.
- How much has LULING UNIT #8 produced?
- LULING UNIT #8 has reported 4,404 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LULING UNIT #8 worth?
- The remaining production from LULING UNIT #8 is estimated to be worth about $25K in total as of 26 August 2026, within a range of $14K to $37K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LULING UNIT #8 is a fraction of it. The estimate fits an Arps decline curve to the production LULING UNIT #8 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LULING UNIT #8 is an estimate of value, not an offer and not an appraisal.
- How much income does LULING UNIT #8 generate in a year?
- LULING UNIT #8 is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LULING UNIT #8 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lottie Oil Co. |
|---|---|
| Field | Salt Flat |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 02985 |
| Wellbores | 1 |
| Reported production | 4,404 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where LULING UNIT #8 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.