SULLIVAN
SULLIVAN is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Farrex, Inc. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 44,590 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 $298K, with roughly $57K 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 93 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was October 2021, at 301 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 SULLIVAN
- Who operates SULLIVAN?
- SULLIVAN is operated by Farrex, Inc., Railroad Commission of Texas operator number 263520.
- Where is SULLIVAN?
- SULLIVAN is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 24644.
- Is SULLIVAN still producing?
- SULLIVAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SULLIVAN is August 2026.
- How much has SULLIVAN produced?
- SULLIVAN has reported 44,590 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is SULLIVAN worth?
- The remaining production from SULLIVAN is estimated to be worth about $298K in total as of 26 August 2026, within a range of $164K to $433K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SULLIVAN is a fraction of it. The estimate fits an Arps decline curve to the production SULLIVAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SULLIVAN is an estimate of value, not an offer and not an appraisal.
- How much income does SULLIVAN generate in a year?
- SULLIVAN is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SULLIVAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Farrex, Inc. |
|---|---|
| Field | Kem (2300) |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 24644 |
| Wellbores | 7 |
| Reported production | 44,590 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $298K |
Where SULLIVAN 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.