CULP 19
CULP 19 is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Big Star Oil & Gas, LLC. It has 2 wellbores on file with the Commission. Reported production runs from December 2009 to August 2026, totalling 83,911 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 $687K, with roughly $132K 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 179 barrels a month, about 89 per wellbore. Its strongest month on the record we hold was May 2016, at 485 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 CULP 19
- Who operates CULP 19?
- CULP 19 is operated by Big Star Oil & Gas, LLC, Railroad Commission of Texas operator number 070445.
- Where is CULP 19?
- CULP 19 is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69504.
- Is CULP 19 still producing?
- CULP 19 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CULP 19 is August 2026.
- How much has CULP 19 produced?
- CULP 19 has reported 83,911 barrels of oil (bbl) to the Railroad Commission of Texas between December 2009 and August 2026, from 2 wellbores.
- How much is CULP 19 worth?
- The remaining production from CULP 19 is estimated to be worth about $687K in total as of 26 August 2026, within a range of $536K to $838K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CULP 19 is a fraction of it. The estimate fits an Arps decline curve to the production CULP 19 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CULP 19 is an estimate of value, not an offer and not an appraisal.
- How much income does CULP 19 generate in a year?
- CULP 19 is forecast to net about $132K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CULP 19 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Big Star Oil & Gas, LLC |
|---|---|
| Field | Powe (Spraberry) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 69504 |
| Wellbores | 2 |
| Reported production | 83,911 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $687K |
Where CULP 19 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.