BULL SHARK 53-28
BULL SHARK 53-28 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 3 wellbores on file with the Commission. Reported production runs from October 2012 to August 2026, totalling 440,999 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 $4.9M, with roughly $1.0M 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 1,188 barrels a month, about 396 per wellbore. Its strongest month on the record we hold was May 2016, at 4,214 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 BULL SHARK 53-28
- Who operates BULL SHARK 53-28?
- BULL SHARK 53-28 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is BULL SHARK 53-28?
- BULL SHARK 53-28 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43456.
- Is BULL SHARK 53-28 still producing?
- BULL SHARK 53-28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BULL SHARK 53-28 is August 2026.
- How much has BULL SHARK 53-28 produced?
- BULL SHARK 53-28 has reported 440,999 barrels of oil (bbl) to the Railroad Commission of Texas between October 2012 and August 2026, from 3 wellbores.
- How much is BULL SHARK 53-28 worth?
- The remaining production from BULL SHARK 53-28 is estimated to be worth about $4.9M in total as of 27 August 2026, within a range of $4.1M to $5.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BULL SHARK 53-28 is a fraction of it. The estimate fits an Arps decline curve to the production BULL SHARK 53-28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BULL SHARK 53-28 is an estimate of value, not an offer and not an appraisal.
- How much income does BULL SHARK 53-28 generate in a year?
- BULL SHARK 53-28 is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BULL SHARK 53-28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Two Georges (Bone Spring) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 43456 |
| Wellbores | 3 |
| Reported production | 440,999 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.9M |
Where BULL SHARK 53-28 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.