CLEVELAND, WAYNE
CLEVELAND, WAYNE is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Kato Operating Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 34,113 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 $5K, with roughly $915 expected over the next twelve months.
| Operator | Kato Operating Company |
|---|---|
| Field | Higgins, West (Tonkawa) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 03250 |
| Wellbores | 3 |
| Reported production | 34,113 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $5K |
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.