SULLY UNIT

SULLY UNIT is a Texas oil lease in Leon County, Railroad Commission district 05, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2013 to August 2026, totalling 239,820 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 $1.7M, with roughly $395K 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 556 barrels a month. Its strongest month on the record we hold was May 2016, at 2,041 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 SULLY UNIT

Who operates SULLY UNIT?
SULLY UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
Where is SULLY UNIT?
SULLY UNIT is a Texas oil lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04037.
Is SULLY UNIT still producing?
SULLY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SULLY UNIT is August 2026.
How much has SULLY UNIT produced?
SULLY UNIT has reported 239,820 barrels of oil (bbl) to the Railroad Commission of Texas between December 2013 and August 2026, from 1 wellbore.
How much is SULLY UNIT worth?
The remaining production from SULLY UNIT is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SULLY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SULLY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SULLY UNIT is an estimate of value, not an offer and not an appraisal.
How much income does SULLY UNIT generate in a year?
SULLY UNIT is forecast to net about $395K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SULLY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SULLY UNIT as filed with the Railroad Commission of Texas
OperatorEog Resources, Inc.
FieldAguila Vado (Eagleford)
CountyLeon County, Texas
RRC district05
Lease number04037
Wellbores1
Reported production239,820 bbl
First reported
Last reported
Estimated royalty value$1.7M

Where SULLY UNIT 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.