DOUBLE DOWN
DOUBLE DOWN is a Texas oil lease in Calhoun County, Railroad Commission district 02, operated by Kebo Oil & Gas, Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2022 to August 2026, totalling 17,728 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 $379K, 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 417 barrels a month, about 209 per wellbore. Its strongest month on the record we hold was April 2022, at 1,100 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 DOUBLE DOWN
- Who operates DOUBLE DOWN?
- DOUBLE DOWN is operated by Kebo Oil & Gas, Inc., Railroad Commission of Texas operator number 453170.
- Where is DOUBLE DOWN?
- DOUBLE DOWN is a Texas oil lease in Calhoun County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 12403.
- Is DOUBLE DOWN still producing?
- DOUBLE DOWN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOUBLE DOWN is August 2026.
- How much has DOUBLE DOWN produced?
- DOUBLE DOWN has reported 17,728 barrels of oil (bbl) to the Railroad Commission of Texas between March 2022 and August 2026, from 2 wellbores.
- How much is DOUBLE DOWN worth?
- The remaining production from DOUBLE DOWN is estimated to be worth about $379K in total as of 26 August 2026, within a range of $296K to $463K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOUBLE DOWN is a fraction of it. The estimate fits an Arps decline curve to the production DOUBLE DOWN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOUBLE DOWN is an estimate of value, not an offer and not an appraisal.
- How much income does DOUBLE DOWN generate in a year?
- DOUBLE DOWN 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 DOUBLE DOWN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kebo Oil & Gas, Inc. |
|---|---|
| Field | Long Mott, East (7450) |
| County | Calhoun County, Texas |
| RRC district | 02 |
| Lease number | 12403 |
| Wellbores | 2 |
| Reported production | 17,728 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $379K |
Where DOUBLE DOWN 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.