BELLE STARR UNIT 36-37
BELLE STARR UNIT 36-37 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Murchison Oil And Gas, LLC. It has 4 wellbores on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 1,207,515 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 $15.9M, with roughly $6.8M 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 10,896 barrels a month, about 2,724 per wellbore. Its strongest month on the record we hold was March 2023, at 37,258 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 BELLE STARR UNIT 36-37
- Who operates BELLE STARR UNIT 36-37?
- BELLE STARR UNIT 36-37 is operated by Murchison Oil And Gas, LLC, Railroad Commission of Texas operator number 593667.
- Where is BELLE STARR UNIT 36-37?
- BELLE STARR UNIT 36-37 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53057.
- Is BELLE STARR UNIT 36-37 still producing?
- BELLE STARR UNIT 36-37 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BELLE STARR UNIT 36-37 is August 2026.
- How much has BELLE STARR UNIT 36-37 produced?
- BELLE STARR UNIT 36-37 has reported 1,207,515 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 4 wellbores.
- How much is BELLE STARR UNIT 36-37 worth?
- The remaining production from BELLE STARR UNIT 36-37 is estimated to be worth about $15.9M in total as of 27 August 2026, within a range of $13.0M to $18.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BELLE STARR UNIT 36-37 is a fraction of it. The estimate fits an Arps decline curve to the production BELLE STARR UNIT 36-37 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BELLE STARR UNIT 36-37 is an estimate of value, not an offer and not an appraisal.
- How much income does BELLE STARR UNIT 36-37 generate in a year?
- BELLE STARR UNIT 36-37 is forecast to net about $6.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BELLE STARR UNIT 36-37 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Murchison Oil And Gas, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 53057 |
| Wellbores | 4 |
| Reported production | 1,207,515 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15.9M |
Where BELLE STARR UNIT 36-37 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.