DUALLY
DUALLY is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Basin Oil & Gas Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2025 to August 2026, totalling 987 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 $621K, with roughly $119K 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 159 barrels a month. Its strongest month on the record we hold was January 2026, at 248 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 DUALLY
- Who operates DUALLY?
- DUALLY is operated by Basin Oil & Gas Operating, LLC, Railroad Commission of Texas operator number 054430.
- Where is DUALLY?
- DUALLY is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71521.
- Is DUALLY still producing?
- DUALLY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUALLY is August 2026.
- How much has DUALLY produced?
- DUALLY has reported 987 barrels of oil (bbl) to the Railroad Commission of Texas between November 2025 and August 2026, from 1 wellbore.
- How much is DUALLY worth?
- The remaining production from DUALLY is estimated to be worth about $621K in total as of 26 August 2026, within a range of $484K to $758K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUALLY is a fraction of it. The estimate fits an Arps decline curve to the production DUALLY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUALLY is an estimate of value, not an offer and not an appraisal.
- How much income does DUALLY generate in a year?
- DUALLY is forecast to net about $119K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DUALLY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Basin Oil & Gas Operating, LLC |
|---|---|
| Field | Suntura (Lower Clear Fork) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 71521 |
| Wellbores | 1 |
| Reported production | 987 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $621K |
Where DUALLY 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.