KEETON
KEETON is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by P.O.&G. Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from March 2009 to August 2026, totalling 6,369 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 $13K, with roughly $3K 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 3 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was July 2024, at 7 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 KEETON
- Who operates KEETON?
- KEETON is operated by P.O.&G. Operating, LLC, Railroad Commission of Texas operator number 631506.
- Where is KEETON?
- KEETON is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69385.
- Is KEETON still producing?
- KEETON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEETON is August 2026.
- How much has KEETON produced?
- KEETON has reported 6,369 barrels of oil (bbl) to the Railroad Commission of Texas between March 2009 and August 2026, from 4 wellbores.
- How much is KEETON worth?
- The remaining production from KEETON is estimated to be worth about $13K in total as of 26 August 2026, within a range of $0 to $26K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEETON is a fraction of it. The estimate fits an Arps decline curve to the production KEETON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEETON is an estimate of value, not an offer and not an appraisal.
- How much income does KEETON generate in a year?
- KEETON is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KEETON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | P.O.&G. Operating, LLC |
|---|---|
| Field | Garza |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 69385 |
| Wellbores | 4 |
| Reported production | 6,369 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $13K |
Where KEETON 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.