TRULL SWP
TRULL SWP is a Texas gas lease in Matagorda County, Railroad Commission district 03, operated by Kebo Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 623,438 thousand cubic feet. 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 $3.2M, with roughly $547K 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 19,177 thousand cubic feet a month. Its strongest month on the record we hold was August 2023, at 24,605 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 TRULL SWP
- Who operates TRULL SWP?
- TRULL SWP is operated by Kebo Oil & Gas, Inc., Railroad Commission of Texas operator number 453170.
- Where is TRULL SWP?
- TRULL SWP is a Texas gas lease in Matagorda County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 296218.
- Is TRULL SWP still producing?
- TRULL SWP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRULL SWP is August 2026.
- How much has TRULL SWP produced?
- TRULL SWP has reported 623,438 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is TRULL SWP worth?
- The remaining production from TRULL SWP is estimated to be worth about $3.2M in total as of 27 August 2026, within a range of $2.6M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRULL SWP is a fraction of it. The estimate fits an Arps decline curve to the production TRULL SWP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRULL SWP is an estimate of value, not an offer and not an appraisal.
- How much income does TRULL SWP generate in a year?
- TRULL SWP is forecast to net about $547K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TRULL SWP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kebo Oil & Gas, Inc. |
|---|---|
| Field | Pheasant, SW. (Frio E-3) |
| County | Matagorda County, Texas |
| RRC district | 03 |
| Lease number | 296218 |
| Wellbores | 1 |
| Reported production | 623,438 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where TRULL SWP 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.