UL13 KEENE
UL13 KEENE is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Forge Energy, LLC. It has 5 wellbores on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 418,274 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 $498K, with roughly $244K 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 384 barrels a month, about 77 per wellbore. Its strongest month on the record we hold was September 2016, at 4,091 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 UL13 KEENE
- Who operates UL13 KEENE?
- UL13 KEENE is operated by Forge Energy, LLC, Railroad Commission of Texas operator number 276868.
- Where is UL13 KEENE?
- UL13 KEENE is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44406.
- Is UL13 KEENE still producing?
- UL13 KEENE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL13 KEENE is August 2026.
- How much has UL13 KEENE produced?
- UL13 KEENE has reported 418,274 barrels of oil (bbl) to the Railroad Commission of Texas between September 2012 and August 2026, from 5 wellbores.
- How much is UL13 KEENE worth?
- The remaining production from UL13 KEENE is estimated to be worth about $498K in total as of 27 August 2026, within a range of $388K to $607K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL13 KEENE is a fraction of it. The estimate fits an Arps decline curve to the production UL13 KEENE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL13 KEENE is an estimate of value, not an offer and not an appraisal.
- How much income does UL13 KEENE generate in a year?
- UL13 KEENE is forecast to net about $244K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL13 KEENE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forge Energy, LLC |
|---|---|
| Field | Shafter Lake, N. (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 44406 |
| Wellbores | 5 |
| Reported production | 418,274 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $498K |
Where UL13 KEENE 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.