FULLER
FULLER is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Maralo, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 402,924 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 $2.6M, with roughly $595K 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 867 barrels a month, about 434 per wellbore. Its strongest month on the record we hold was December 2023, at 1,716 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 FULLER
- Who operates FULLER?
- FULLER is operated by Maralo, Inc., Railroad Commission of Texas operator number 525320.
- Where is FULLER?
- FULLER is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 20736.
- Is FULLER still producing?
- FULLER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FULLER is August 2026.
- How much has FULLER produced?
- FULLER has reported 402,924 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is FULLER worth?
- The remaining production from FULLER is estimated to be worth about $2.6M in total as of 27 August 2026, within a range of $2.1M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FULLER is a fraction of it. The estimate fits an Arps decline curve to the production FULLER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FULLER is an estimate of value, not an offer and not an appraisal.
- How much income does FULLER generate in a year?
- FULLER is forecast to net about $595K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FULLER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maralo, Inc. |
|---|---|
| Field | Luther, Se. (Silurian-Devonian) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 20736 |
| Wellbores | 2 |
| Reported production | 402,924 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where FULLER 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.