KILLAM FREER RANCH "196"
KILLAM FREER RANCH "196" is a Texas oil lease in Duval County, Railroad Commission district 04, operated by Killam Oil Co., Ltd. It has 5 wellbores on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 181,598 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 $658K, with roughly $260K 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 458 barrels a month, about 92 per wellbore. Its strongest month on the record we hold was August 2020, at 1,888 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 KILLAM FREER RANCH "196"
- Who operates KILLAM FREER RANCH "196"?
- KILLAM FREER RANCH "196" is operated by Killam Oil Co., Ltd., Railroad Commission of Texas operator number 460054.
- Where is KILLAM FREER RANCH "196"?
- KILLAM FREER RANCH "196" is a Texas oil lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 13188.
- Is KILLAM FREER RANCH "196" still producing?
- KILLAM FREER RANCH "196" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KILLAM FREER RANCH "196" is August 2026.
- How much has KILLAM FREER RANCH "196" produced?
- KILLAM FREER RANCH "196" has reported 181,598 barrels of oil (bbl) to the Railroad Commission of Texas between September 2003 and August 2026, from 5 wellbores.
- How much is KILLAM FREER RANCH "196" worth?
- The remaining production from KILLAM FREER RANCH "196" is estimated to be worth about $658K in total as of 27 August 2026, within a range of $513K to $803K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KILLAM FREER RANCH "196" is a fraction of it. The estimate fits an Arps decline curve to the production KILLAM FREER RANCH "196" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KILLAM FREER RANCH "196" is an estimate of value, not an offer and not an appraisal.
- How much income does KILLAM FREER RANCH "196" generate in a year?
- KILLAM FREER RANCH "196" is forecast to net about $260K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KILLAM FREER RANCH "196" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Killam Oil Co., Ltd. |
|---|---|
| Field | Tiger (Queen City) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 13188 |
| Wellbores | 5 |
| Reported production | 181,598 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $658K |
Where KILLAM FREER RANCH "196" 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.