BUMPASS
BUMPASS is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Precision Operating Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 61,619 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 $666K, with roughly $117K 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 121 barrels a month. Its strongest month on the record we hold was March 2020, at 280 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 BUMPASS
- Who operates BUMPASS?
- BUMPASS is operated by Precision Operating Inc., Railroad Commission of Texas operator number 676010.
- Where is BUMPASS?
- BUMPASS is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 26539.
- Is BUMPASS still producing?
- BUMPASS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUMPASS is August 2026.
- How much has BUMPASS produced?
- BUMPASS has reported 61,619 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BUMPASS worth?
- The remaining production from BUMPASS is estimated to be worth about $666K in total as of 26 August 2026, within a range of $519K to $812K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUMPASS is a fraction of it. The estimate fits an Arps decline curve to the production BUMPASS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUMPASS is an estimate of value, not an offer and not an appraisal.
- How much income does BUMPASS generate in a year?
- BUMPASS is forecast to net about $117K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUMPASS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Precision Operating Inc. |
|---|---|
| Field | Hudgins (Dornick Hills 8000) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 26539 |
| Wellbores | 1 |
| Reported production | 61,619 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $666K |
Where BUMPASS 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.