BULLARD, SARA
BULLARD, SARA is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by BC Operating, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 253,209 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 $1.0M, with roughly $230K 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 304 barrels a month, about 61 per wellbore. Its strongest month on the record we hold was December 2021, at 761 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, SARA
- Who operates BULLARD, SARA?
- BULLARD, SARA is operated by BC Operating, Inc., Railroad Commission of Texas operator number 058893.
- Where is BULLARD, SARA?
- BULLARD, SARA is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62508.
- Is BULLARD, SARA still producing?
- BULLARD, SARA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BULLARD, SARA is August 2026.
- How much has BULLARD, SARA produced?
- BULLARD, SARA has reported 253,209 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is BULLARD, SARA worth?
- The remaining production from BULLARD, SARA is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $790K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BULLARD, SARA is a fraction of it. The estimate fits an Arps decline curve to the production BULLARD, SARA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BULLARD, SARA is an estimate of value, not an offer and not an appraisal.
- How much income does BULLARD, SARA generate in a year?
- BULLARD, SARA is forecast to net about $230K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BULLARD, SARA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BC Operating, Inc. |
|---|---|
| Field | Dominion (Silurian) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 62508 |
| Wellbores | 5 |
| Reported production | 253,209 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where BULLARD, SARA 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.