KOLB-BATEMAN

KOLB-BATEMAN is a Texas oil lease in King County, Railroad Commission district 8A, operated by Buck Wheat Resources, L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 20,707 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 $7K, with roughly $1K 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 2 barrels a month. Its strongest month on the record we hold was October 2016, at 294 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 KOLB-BATEMAN

Who operates KOLB-BATEMAN?
KOLB-BATEMAN is operated by Buck Wheat Resources, L.P., Railroad Commission of Texas operator number 105675.
Where is KOLB-BATEMAN?
KOLB-BATEMAN is a Texas oil lease in King County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70152.
Is KOLB-BATEMAN still producing?
KOLB-BATEMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KOLB-BATEMAN is August 2026.
How much has KOLB-BATEMAN produced?
KOLB-BATEMAN has reported 20,707 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 1 wellbore.
How much is KOLB-BATEMAN worth?
The remaining production from KOLB-BATEMAN is estimated to be worth about $7K in total as of 26 August 2026, within a range of $0 to $13K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KOLB-BATEMAN is a fraction of it. The estimate fits an Arps decline curve to the production KOLB-BATEMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KOLB-BATEMAN is an estimate of value, not an offer and not an appraisal.
How much income does KOLB-BATEMAN generate in a year?
KOLB-BATEMAN is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KOLB-BATEMAN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

KOLB-BATEMAN as filed with the Railroad Commission of Texas
OperatorBuck Wheat Resources, L.P.
FieldBateman Ranch (3900 Sand)
CountyKing County, Texas
RRC district8A
Lease number70152
Wellbores1
Reported production20,707 bbl
First reported
Last reported
Estimated royalty value$7K

Where KOLB-BATEMAN 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.