LULO 2581CP
LULO 2581CP 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 January 2023 to August 2026, totalling 280,863 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 $5.2M, with roughly $2.1M 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 3,425 barrels a month. Its strongest month on the record we hold was April 2023, at 24,060 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 2581CP
- Who operates LULO 2581CP?
- LULO 2581CP is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is LULO 2581CP?
- LULO 2581CP is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60057.
- Is LULO 2581CP still producing?
- LULO 2581CP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LULO 2581CP is August 2026.
- How much has LULO 2581CP produced?
- LULO 2581CP has reported 280,863 barrels of oil (bbl) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is LULO 2581CP worth?
- The remaining production from LULO 2581CP is estimated to be worth about $5.2M in total as of 26 August 2026, within a range of $4.3M to $6.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LULO 2581CP is a fraction of it. The estimate fits an Arps decline curve to the production LULO 2581CP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LULO 2581CP is an estimate of value, not an offer and not an appraisal.
- How much income does LULO 2581CP generate in a year?
- LULO 2581CP is forecast to net about $2.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LULO 2581CP 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 | 60057 |
| Wellbores | 1 |
| Reported production | 280,863 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.2M |
Where LULO 2581CP 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.