KLUTTS

KLUTTS is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Hollub, Lambert Drilling Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 32,640 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 $77K, with roughly $15K 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 41 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was March 2025, at 130 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 KLUTTS

Who operates KLUTTS?
KLUTTS is operated by Hollub, Lambert Drilling Company, Railroad Commission of Texas operator number 393680.
Where is KLUTTS?
KLUTTS is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 12120.
Is KLUTTS still producing?
KLUTTS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KLUTTS is August 2026.
How much has KLUTTS produced?
KLUTTS has reported 32,640 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
How much is KLUTTS worth?
The remaining production from KLUTTS is estimated to be worth about $77K in total as of 27 August 2026, within a range of $42K to $112K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KLUTTS is a fraction of it. The estimate fits an Arps decline curve to the production KLUTTS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KLUTTS is an estimate of value, not an offer and not an appraisal.
How much income does KLUTTS generate in a year?
KLUTTS is forecast to net about $15K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KLUTTS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

KLUTTS as filed with the Railroad Commission of Texas
OperatorHollub, Lambert Drilling Company
FieldBuchanan
CountyCaldwell County, Texas
RRC district01
Lease number12120
Wellbores3
Reported production32,640 bbl
First reported
Last reported
Estimated royalty value$77K

Where KLUTTS 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.