RANBALM /E. STRAWN/ UNIT
RANBALM /E. STRAWN/ UNIT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Kimbell Oil Company Of Texas. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 71,153 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 $425K, with roughly $82K 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 83 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was September 2017, at 191 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 RANBALM /E. STRAWN/ UNIT
- Who operates RANBALM /E. STRAWN/ UNIT?
- RANBALM /E. STRAWN/ UNIT is operated by Kimbell Oil Company Of Texas, Railroad Commission of Texas operator number 461810.
- Where is RANBALM /E. STRAWN/ UNIT?
- RANBALM /E. STRAWN/ UNIT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 14789.
- Is RANBALM /E. STRAWN/ UNIT still producing?
- RANBALM /E. STRAWN/ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANBALM /E. STRAWN/ UNIT is August 2026.
- How much has RANBALM /E. STRAWN/ UNIT produced?
- RANBALM /E. STRAWN/ UNIT has reported 71,153 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is RANBALM /E. STRAWN/ UNIT worth?
- The remaining production from RANBALM /E. STRAWN/ UNIT is estimated to be worth about $425K in total as of 27 August 2026, within a range of $234K to $616K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANBALM /E. STRAWN/ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RANBALM /E. STRAWN/ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RANBALM /E. STRAWN/ UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RANBALM /E. STRAWN/ UNIT generate in a year?
- RANBALM /E. STRAWN/ UNIT is forecast to net about $82K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RANBALM /E. STRAWN/ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kimbell Oil Company Of Texas |
|---|---|
| Field | Ranbalm (Strawn East) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 14789 |
| Wellbores | 5 |
| Reported production | 71,153 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $425K |
Where RANBALM /E. STRAWN/ UNIT 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.