UNCLE BILL 154
UNCLE BILL 154 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Corlena Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 198,898 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 $1.6M, with roughly $351K 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 439 barrels a month, about 220 per wellbore. Its strongest month on the record we hold was May 2016, at 1,328 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 UNCLE BILL 154
- Who operates UNCLE BILL 154?
- UNCLE BILL 154 is operated by Corlena Oil Company, Railroad Commission of Texas operator number 178450.
- Where is UNCLE BILL 154?
- UNCLE BILL 154 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08882.
- Is UNCLE BILL 154 still producing?
- UNCLE BILL 154 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNCLE BILL 154 is August 2026.
- How much has UNCLE BILL 154 produced?
- UNCLE BILL 154 has reported 198,898 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 2 wellbores.
- How much is UNCLE BILL 154 worth?
- The remaining production from UNCLE BILL 154 is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNCLE BILL 154 is a fraction of it. The estimate fits an Arps decline curve to the production UNCLE BILL 154 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNCLE BILL 154 is an estimate of value, not an offer and not an appraisal.
- How much income does UNCLE BILL 154 generate in a year?
- UNCLE BILL 154 is forecast to net about $351K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNCLE BILL 154 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Corlena Oil Company |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08882 |
| Wellbores | 2 |
| Reported production | 198,898 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where UNCLE BILL 154 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.