BULL 10-10
BULL 10-10 is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2025 to August 2026, totalling 142,930 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 $21.8M, with roughly $7.5M 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 12,062 barrels a month. Its strongest month on the record we hold was August 2025, at 16,335 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BULL 10-10
- Who operates BULL 10-10?
- BULL 10-10 is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is BULL 10-10?
- BULL 10-10 is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32830.
- Is BULL 10-10 still producing?
- BULL 10-10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BULL 10-10 is August 2026.
- How much has BULL 10-10 produced?
- BULL 10-10 has reported 142,930 barrels of oil (bbl) to the Railroad Commission of Texas between June 2025 and August 2026, from 1 wellbore.
- How much is BULL 10-10 worth?
- The remaining production from BULL 10-10 is estimated to be worth about $21.8M in total as of 27 August 2026, within a range of $17.9M to $25.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BULL 10-10 is a fraction of it. The estimate fits an Arps decline curve to the production BULL 10-10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BULL 10-10 is an estimate of value, not an offer and not an appraisal.
- How much income does BULL 10-10 generate in a year?
- BULL 10-10 is forecast to net about $7.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BULL 10-10 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Sylvester, East (Strawn) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 32830 |
| Wellbores | 1 |
| Reported production | 142,930 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21.8M |
Where BULL 10-10 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.