B. U. LULING-BOYCE
B. U. LULING-BOYCE is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Pennzoil Exploration & Prod. Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,970,821 thousand cubic feet. The lease is intermittent. 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 $92K, with roughly $17K 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 306 thousand cubic feet a month. Its strongest month on the record we hold was April 2023, at 11,531 thousand cubic feet. 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 B. U. LULING-BOYCE
- Who operates B. U. LULING-BOYCE?
- B. U. LULING-BOYCE is operated by Pennzoil Exploration & Prod. Co., Railroad Commission of Texas operator number 652352.
- Where is B. U. LULING-BOYCE?
- B. U. LULING-BOYCE is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 044495.
- Is B. U. LULING-BOYCE still producing?
- B. U. LULING-BOYCE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for B. U. LULING-BOYCE is August 2026.
- How much has B. U. LULING-BOYCE produced?
- B. U. LULING-BOYCE has reported 2,970,821 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is B. U. LULING-BOYCE worth?
- The remaining production from B. U. LULING-BOYCE is estimated to be worth about $92K in total as of 27 August 2026, within a range of $71K to $112K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in B. U. LULING-BOYCE is a fraction of it. The estimate fits an Arps decline curve to the production B. U. LULING-BOYCE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for B. U. LULING-BOYCE is an estimate of value, not an offer and not an appraisal.
- How much income does B. U. LULING-BOYCE generate in a year?
- B. U. LULING-BOYCE is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in B. U. LULING-BOYCE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Exploration & Prod. Co. |
|---|---|
| Field | Burnell (Slick) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 044495 |
| Wellbores | 1 |
| Reported production | 2,970,821 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $92K |
Where B. U. LULING-BOYCE 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.