FULLER
FULLER is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 16,430 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 $316K, with roughly $61K 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 165 barrels a month. Its strongest month on the record we hold was July 2025, at 411 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 FULLER
- Who operates FULLER?
- FULLER is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is FULLER?
- FULLER is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52049.
- Is FULLER still producing?
- FULLER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FULLER is August 2026.
- How much has FULLER produced?
- FULLER has reported 16,430 barrels of oil (bbl) to the Railroad Commission of Texas between September 2019 and August 2026, from 1 wellbore.
- How much is FULLER worth?
- The remaining production from FULLER is estimated to be worth about $316K in total as of 26 August 2026, within a range of $247K to $386K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FULLER is a fraction of it. The estimate fits an Arps decline curve to the production FULLER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FULLER is an estimate of value, not an offer and not an appraisal.
- How much income does FULLER generate in a year?
- FULLER is forecast to net about $61K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FULLER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 52049 |
| Wellbores | 1 |
| Reported production | 16,430 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $316K |
Where FULLER 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.