FULTON, C. T.
FULTON, C. T. is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Okt Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2004 to August 2026, totalling 186,026 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 $1.6M, with roughly $312K 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 305 barrels a month. Its strongest month on the record we hold was April 2017, at 711 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 FULTON, C. T.
- Who operates FULTON, C. T.?
- FULTON, C. T. is operated by Okt Resources, LLC, Railroad Commission of Texas operator number 621086.
- Where is FULTON, C. T.?
- FULTON, C. T. is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30390.
- Is FULTON, C. T. still producing?
- FULTON, C. T. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FULTON, C. T. is August 2026.
- How much has FULTON, C. T. produced?
- FULTON, C. T. has reported 186,026 barrels of oil (bbl) to the Railroad Commission of Texas between June 2004 and August 2026, from 1 wellbore.
- How much is FULTON, C. T. worth?
- The remaining production from FULTON, C. T. is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FULTON, C. T. is a fraction of it. The estimate fits an Arps decline curve to the production FULTON, C. T. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FULTON, C. T. is an estimate of value, not an offer and not an appraisal.
- How much income does FULTON, C. T. generate in a year?
- FULTON, C. T. is forecast to net about $312K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FULTON, C. T. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Okt Resources, LLC |
|---|---|
| Field | Pottsboro, West (Davis SD.) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 30390 |
| Wellbores | 1 |
| Reported production | 186,026 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where FULTON, C. T. 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.