EARNEST "A"
EARNEST "A" is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by R K Petroleum Corp. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 419,383 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 $1.2M, with roughly $266K 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 409 barrels a month, about 204 per wellbore. Its strongest month on the record we hold was July 2017, at 606 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 EARNEST "A"
- Who operates EARNEST "A"?
- EARNEST "A" is operated by R K Petroleum Corp., Railroad Commission of Texas operator number 687130.
- Where is EARNEST "A"?
- EARNEST "A" is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 63897.
- Is EARNEST "A" still producing?
- EARNEST "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EARNEST "A" is August 2026.
- How much has EARNEST "A" produced?
- EARNEST "A" has reported 419,383 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is EARNEST "A" worth?
- The remaining production from EARNEST "A" is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $916K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EARNEST "A" is a fraction of it. The estimate fits an Arps decline curve to the production EARNEST "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EARNEST "A" is an estimate of value, not an offer and not an appraisal.
- How much income does EARNEST "A" generate in a year?
- EARNEST "A" is forecast to net about $266K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EARNEST "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | R K Petroleum Corp. |
|---|---|
| Field | RK Comanche (Fusselman) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 63897 |
| Wellbores | 2 |
| Reported production | 419,383 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where EARNEST "A" 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.