DUN
DUN is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Bradley Operating Co. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 38,059 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 $215K, with roughly $40K 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 56 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was November 2018, at 127 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 DUN
- Who operates DUN?
- DUN is operated by Bradley Operating Co., Railroad Commission of Texas operator number 087255.
- Where is DUN?
- DUN is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00351.
- Is DUN still producing?
- DUN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUN is August 2026.
- How much has DUN produced?
- DUN has reported 38,059 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is DUN worth?
- The remaining production from DUN is estimated to be worth about $215K in total as of 26 August 2026, within a range of $118K to $312K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUN is a fraction of it. The estimate fits an Arps decline curve to the production DUN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUN is an estimate of value, not an offer and not an appraisal.
- How much income does DUN generate in a year?
- DUN is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DUN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bradley Operating Co. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 00351 |
| Wellbores | 4 |
| Reported production | 38,059 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $215K |
Where DUN 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.