LULO 2551AP
LULO 2551AP is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Oxy USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 529,599 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 $7.5M, with roughly $3.3M 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 6,761 barrels a month. Its strongest month on the record we hold was June 2023, at 40,158 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LULO 2551AP
- Who operates LULO 2551AP?
- LULO 2551AP is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is LULO 2551AP?
- LULO 2551AP is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60085.
- Is LULO 2551AP still producing?
- LULO 2551AP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LULO 2551AP is August 2026.
- How much has LULO 2551AP produced?
- LULO 2551AP has reported 529,599 barrels of oil (bbl) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is LULO 2551AP worth?
- The remaining production from LULO 2551AP is estimated to be worth about $7.5M in total as of 26 August 2026, within a range of $6.2M to $8.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LULO 2551AP is a fraction of it. The estimate fits an Arps decline curve to the production LULO 2551AP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LULO 2551AP is an estimate of value, not an offer and not an appraisal.
- How much income does LULO 2551AP generate in a year?
- LULO 2551AP is forecast to net about $3.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LULO 2551AP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 60085 |
| Wellbores | 1 |
| Reported production | 529,599 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.5M |
Where LULO 2551AP 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.