BULSTERBAUM "26"
BULSTERBAUM "26" is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 2 wellbores on file with the Commission. Reported production runs from August 2001 to August 2026, totalling 87,232 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 $523K, with roughly $99K 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 92 barrels a month, about 46 per wellbore. Its strongest month on the record we hold was July 2016, at 324 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BULSTERBAUM "26"
- Who operates BULSTERBAUM "26"?
- BULSTERBAUM "26" is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is BULSTERBAUM "26"?
- BULSTERBAUM "26" is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36724.
- Is BULSTERBAUM "26" still producing?
- BULSTERBAUM "26" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BULSTERBAUM "26" is August 2026.
- How much has BULSTERBAUM "26" produced?
- BULSTERBAUM "26" has reported 87,232 barrels of oil (bbl) to the Railroad Commission of Texas between August 2001 and August 2026, from 2 wellbores.
- How much is BULSTERBAUM "26" worth?
- The remaining production from BULSTERBAUM "26" is estimated to be worth about $523K in total as of 26 August 2026, within a range of $288K to $758K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BULSTERBAUM "26" is a fraction of it. The estimate fits an Arps decline curve to the production BULSTERBAUM "26" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BULSTERBAUM "26" is an estimate of value, not an offer and not an appraisal.
- How much income does BULSTERBAUM "26" generate in a year?
- BULSTERBAUM "26" is forecast to net about $99K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BULSTERBAUM "26" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 36724 |
| Wellbores | 2 |
| Reported production | 87,232 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $523K |
Where BULSTERBAUM "26" 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.