BUBELA
BUBELA is a Texas oil lease in Stonewall County, Railroad Commission district 7B, operated by Boaz Energy II Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 27,100 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 $751K, with roughly $143K 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 202 barrels a month. Its strongest month on the record we hold was November 2019, at 274 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 BUBELA
- Who operates BUBELA?
- BUBELA is operated by Boaz Energy II Operating, LLC, Railroad Commission of Texas operator number 078032.
- Where is BUBELA?
- BUBELA is a Texas oil lease in Stonewall County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31632.
- Is BUBELA still producing?
- BUBELA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUBELA is August 2026.
- How much has BUBELA produced?
- BUBELA has reported 27,100 barrels of oil (bbl) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
- How much is BUBELA worth?
- The remaining production from BUBELA is estimated to be worth about $751K in total as of 26 August 2026, within a range of $586K to $916K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUBELA is a fraction of it. The estimate fits an Arps decline curve to the production BUBELA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUBELA is an estimate of value, not an offer and not an appraisal.
- How much income does BUBELA generate in a year?
- BUBELA is forecast to net about $143K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUBELA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Boaz Energy II Operating, LLC |
|---|---|
| Field | Corsica (Bend Conglomerate) |
| County | Stonewall County, Texas |
| RRC district | 7B |
| Lease number | 31632 |
| Wellbores | 1 |
| Reported production | 27,100 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $751K |
Where BUBELA 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.