KING -B-
KING -B- is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Oxy USA Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 170,663 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 $991K, with roughly $188K 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 262 barrels a month, about 65 per wellbore. Its strongest month on the record we hold was July 2023, at 502 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 KING -B-
- Who operates KING -B-?
- KING -B- is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is KING -B-?
- KING -B- is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28683.
- Is KING -B- still producing?
- KING -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KING -B- is August 2026.
- How much has KING -B- produced?
- KING -B- has reported 170,663 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is KING -B- worth?
- The remaining production from KING -B- is estimated to be worth about $991K in total as of 26 August 2026, within a range of $773K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KING -B- is a fraction of it. The estimate fits an Arps decline curve to the production KING -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KING -B- is an estimate of value, not an offer and not an appraisal.
- How much income does KING -B- generate in a year?
- KING -B- is forecast to net about $188K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KING -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Deep Rock (Wolfcamp) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 28683 |
| Wellbores | 4 |
| Reported production | 170,663 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $991K |
Where KING -B- 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.