KOLB "31-5"
KOLB "31-5" is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Williams, Clayton Energy, Inc. It has 15 wellbores on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 1,025,558 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $234K, with roughly $52K expected over the next twelve months.
| Operator | Williams, Clayton Energy, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 40516 |
| Wellbores | 15 |
| Reported production | 1,025,558 bbl |
| First reported | June 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $234K |
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.