LYTLE N-68
LYTLE N-68 is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Bullet Development, LLC. It has 3 wellbores on file with the Commission. Reported production runs from April 2015 to August 2026, totalling 6,826 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 $152K, with roughly $29K 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 40 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was January 2017, at 480 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 LYTLE N-68
- Who operates LYTLE N-68?
- LYTLE N-68 is operated by Bullet Development, LLC, Railroad Commission of Texas operator number 106513.
- Where is LYTLE N-68?
- LYTLE N-68 is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31940.
- Is LYTLE N-68 still producing?
- LYTLE N-68 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LYTLE N-68 is August 2026.
- How much has LYTLE N-68 produced?
- LYTLE N-68 has reported 6,826 barrels of oil (bbl) to the Railroad Commission of Texas between April 2015 and August 2026, from 3 wellbores.
- How much is LYTLE N-68 worth?
- The remaining production from LYTLE N-68 is estimated to be worth about $152K in total as of 26 August 2026, within a range of $83K to $220K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LYTLE N-68 is a fraction of it. The estimate fits an Arps decline curve to the production LYTLE N-68 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LYTLE N-68 is an estimate of value, not an offer and not an appraisal.
- How much income does LYTLE N-68 generate in a year?
- LYTLE N-68 is forecast to net about $29K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LYTLE N-68 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bullet Development, LLC |
|---|---|
| Field | Taylor County Regular |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 31940 |
| Wellbores | 3 |
| Reported production | 6,826 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $152K |
Where LYTLE N-68 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.