STRAUSS
STRAUSS is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Kodiak Productions Ltd. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 7,517 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 $47K, with roughly $9K 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 14 barrels a month. Its strongest month on the record we hold was January 2022, at 74 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 STRAUSS
- Who operates STRAUSS?
- STRAUSS is operated by Kodiak Productions Ltd, Railroad Commission of Texas operator number 473764.
- Where is STRAUSS?
- STRAUSS is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 09603.
- Is STRAUSS still producing?
- STRAUSS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STRAUSS is August 2026.
- How much has STRAUSS produced?
- STRAUSS has reported 7,517 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is STRAUSS worth?
- The remaining production from STRAUSS is estimated to be worth about $47K in total as of 26 August 2026, within a range of $26K to $68K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRAUSS is a fraction of it. The estimate fits an Arps decline curve to the production STRAUSS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STRAUSS is an estimate of value, not an offer and not an appraisal.
- How much income does STRAUSS generate in a year?
- STRAUSS is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STRAUSS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kodiak Productions Ltd |
|---|---|
| Field | Weger (San Andres) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 09603 |
| Wellbores | 1 |
| Reported production | 7,517 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $47K |
Where STRAUSS 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.