BULL WINKLE
BULL WINKLE is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Midland Oil And Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 1999 to August 2026, totalling 298,447 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 $681K, with roughly $131K 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 172 barrels a month. Its strongest month on the record we hold was March 2019, at 1,157 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 BULL WINKLE
- Who operates BULL WINKLE?
- BULL WINKLE is operated by Midland Oil And Gas, Inc., Railroad Commission of Texas operator number 565589.
- Where is BULL WINKLE?
- BULL WINKLE is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36099.
- Is BULL WINKLE still producing?
- BULL WINKLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BULL WINKLE is August 2026.
- How much has BULL WINKLE produced?
- BULL WINKLE has reported 298,447 barrels of oil (bbl) to the Railroad Commission of Texas between September 1999 and August 2026, from 1 wellbore.
- How much is BULL WINKLE worth?
- The remaining production from BULL WINKLE is estimated to be worth about $681K in total as of 26 August 2026, within a range of $531K to $831K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BULL WINKLE is a fraction of it. The estimate fits an Arps decline curve to the production BULL WINKLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BULL WINKLE is an estimate of value, not an offer and not an appraisal.
- How much income does BULL WINKLE generate in a year?
- BULL WINKLE is forecast to net about $131K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BULL WINKLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midland Oil And Gas, Inc. |
|---|---|
| Field | Sara-Mag (Canyon Reef) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 36099 |
| Wellbores | 1 |
| Reported production | 298,447 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $681K |
Where BULL WINKLE 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.