POSEY
POSEY is a Texas oil lease in Wilson County, Railroad Commission district 01, operated by Dula Production, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 1,478 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 $14K, with roughly $3K 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 4 barrels a month. Its strongest month on the record we hold was March 2023, at 18 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 POSEY
- Who operates POSEY?
- POSEY is operated by Dula Production, LLC, Railroad Commission of Texas operator number 230817.
- Where is POSEY?
- POSEY is a Texas oil lease in Wilson County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15193.
- Is POSEY still producing?
- POSEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POSEY is August 2026.
- How much has POSEY produced?
- POSEY has reported 1,478 barrels of oil (bbl) to the Railroad Commission of Texas between August 2010 and August 2026, from 1 wellbore.
- How much is POSEY worth?
- The remaining production from POSEY is estimated to be worth about $14K in total as of 26 August 2026, within a range of $0 to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POSEY is a fraction of it. The estimate fits an Arps decline curve to the production POSEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POSEY is an estimate of value, not an offer and not an appraisal.
- How much income does POSEY generate in a year?
- POSEY is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POSEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dula Production, LLC |
|---|---|
| Field | Nixon |
| County | Wilson County, Texas |
| RRC district | 01 |
| Lease number | 15193 |
| Wellbores | 1 |
| Reported production | 1,478 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where POSEY 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.