BULLARD
BULLARD is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by WTP Energy, Inc. It has 6 wellbores on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 186,026 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 $2.2M, with roughly $544K 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 792 barrels a month, about 132 per wellbore. Its strongest month on the record we hold was March 2019, at 2,344 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 BULLARD
- Who operates BULLARD?
- BULLARD is operated by WTP Energy, Inc., Railroad Commission of Texas operator number 945233.
- Where is BULLARD?
- BULLARD is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69797.
- Is BULLARD still producing?
- BULLARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BULLARD is August 2026.
- How much has BULLARD produced?
- BULLARD has reported 186,026 barrels of oil (bbl) to the Railroad Commission of Texas between June 2011 and August 2026, from 6 wellbores.
- How much is BULLARD worth?
- The remaining production from BULLARD is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BULLARD is a fraction of it. The estimate fits an Arps decline curve to the production BULLARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BULLARD is an estimate of value, not an offer and not an appraisal.
- How much income does BULLARD generate in a year?
- BULLARD is forecast to net about $544K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BULLARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WTP Energy, Inc. |
|---|---|
| Field | Revilo (Clear Fork) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 69797 |
| Wellbores | 6 |
| Reported production | 186,026 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where BULLARD 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.