TULLIS "C"
TULLIS "C" is a Texas oil lease in Live Oak County, Railroad Commission district 02, operated by Validus Operating Inc. It has 2 wellbores on file with the Commission. Reported production runs from October 1993 to August 2026, totalling 199,705 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 $895K, with roughly $165K 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 219 barrels a month, about 110 per wellbore. Its strongest month on the record we hold was August 2017, at 499 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 TULLIS "C"
- Who operates TULLIS "C"?
- TULLIS "C" is operated by Validus Operating Inc., Railroad Commission of Texas operator number 881277.
- Where is TULLIS "C"?
- TULLIS "C" is a Texas oil lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 07907.
- Is TULLIS "C" still producing?
- TULLIS "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TULLIS "C" is August 2026.
- How much has TULLIS "C" produced?
- TULLIS "C" has reported 199,705 barrels of oil (bbl) to the Railroad Commission of Texas between October 1993 and August 2026, from 2 wellbores.
- How much is TULLIS "C" worth?
- The remaining production from TULLIS "C" is estimated to be worth about $895K in total as of 26 August 2026, within a range of $698K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TULLIS "C" is a fraction of it. The estimate fits an Arps decline curve to the production TULLIS "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TULLIS "C" is an estimate of value, not an offer and not an appraisal.
- How much income does TULLIS "C" generate in a year?
- TULLIS "C" is forecast to net about $165K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TULLIS "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Validus Operating Inc. |
|---|---|
| Field | Tom Lyne, Ne. (Hockley E) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 07907 |
| Wellbores | 2 |
| Reported production | 199,705 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $895K |
Where TULLIS "C" 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.