KOONSMAN "677"
KOONSMAN "677" is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Patterson Petroleum LP. It has 2 wellbores on file with the Commission. Reported production runs from April 2001 to August 2026, totalling 117,122 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 $408K, with roughly $78K 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 110 barrels a month, about 55 per wellbore. Its strongest month on the record we hold was May 2016, at 409 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 KOONSMAN "677"
- Who operates KOONSMAN "677"?
- KOONSMAN "677" is operated by Patterson Petroleum LP, Railroad Commission of Texas operator number 643435.
- Where is KOONSMAN "677"?
- KOONSMAN "677" is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68307.
- Is KOONSMAN "677" still producing?
- KOONSMAN "677" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KOONSMAN "677" is August 2026.
- How much has KOONSMAN "677" produced?
- KOONSMAN "677" has reported 117,122 barrels of oil (bbl) to the Railroad Commission of Texas between April 2001 and August 2026, from 2 wellbores.
- How much is KOONSMAN "677" worth?
- The remaining production from KOONSMAN "677" is estimated to be worth about $408K in total as of 27 August 2026, within a range of $318K to $497K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KOONSMAN "677" is a fraction of it. The estimate fits an Arps decline curve to the production KOONSMAN "677" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KOONSMAN "677" is an estimate of value, not an offer and not an appraisal.
- How much income does KOONSMAN "677" generate in a year?
- KOONSMAN "677" is forecast to net about $78K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KOONSMAN "677" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patterson Petroleum LP |
|---|---|
| Field | Cain (Spraberry) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 68307 |
| Wellbores | 2 |
| Reported production | 117,122 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $408K |
Where KOONSMAN "677" 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.