POLZER, EUGENE
POLZER, EUGENE is a Texas oil lease in Milam County, Railroad Commission district 01, operated by Ferguson-Burns Leasing Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,139 barrels. The lease is intermittent. 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 $26K, with roughly $5K 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 7 barrels a month. Its strongest month on the record we hold was May 2021, at 31 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 POLZER, EUGENE
- Who operates POLZER, EUGENE?
- POLZER, EUGENE is operated by Ferguson-Burns Leasing Co., Railroad Commission of Texas operator number 266236.
- Where is POLZER, EUGENE?
- POLZER, EUGENE is a Texas oil lease in Milam County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 05607.
- Is POLZER, EUGENE still producing?
- POLZER, EUGENE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for POLZER, EUGENE is August 2026.
- How much has POLZER, EUGENE produced?
- POLZER, EUGENE has reported 9,139 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is POLZER, EUGENE worth?
- The remaining production from POLZER, EUGENE is estimated to be worth about $26K in total as of 26 August 2026, within a range of $0 to $52K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POLZER, EUGENE is a fraction of it. The estimate fits an Arps decline curve to the production POLZER, EUGENE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POLZER, EUGENE is an estimate of value, not an offer and not an appraisal.
- How much income does POLZER, EUGENE generate in a year?
- POLZER, EUGENE is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POLZER, EUGENE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ferguson-Burns Leasing Co. |
|---|---|
| Field | Cherokee (Navarro) |
| County | Milam County, Texas |
| RRC district | 01 |
| Lease number | 05607 |
| Wellbores | 1 |
| Reported production | 9,139 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $26K |
Where POLZER, EUGENE 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.