KLINE "B"
KLINE "B" is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Chevron Midcontinent, L.P. It has 1 wellbore on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 105,501 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 $636K, with roughly $144K 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 288 barrels a month. Its strongest month on the record we hold was May 2021, at 606 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 KLINE "B"
- Who operates KLINE "B"?
- KLINE "B" is operated by Chevron Midcontinent, L.P., Railroad Commission of Texas operator number 147862.
- Where is KLINE "B"?
- KLINE "B" is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68987.
- Is KLINE "B" still producing?
- KLINE "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KLINE "B" is August 2026.
- How much has KLINE "B" produced?
- KLINE "B" has reported 105,501 barrels of oil (bbl) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
- How much is KLINE "B" worth?
- The remaining production from KLINE "B" is estimated to be worth about $636K in total as of 26 August 2026, within a range of $496K to $776K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KLINE "B" is a fraction of it. The estimate fits an Arps decline curve to the production KLINE "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KLINE "B" is an estimate of value, not an offer and not an appraisal.
- How much income does KLINE "B" generate in a year?
- KLINE "B" is forecast to net about $144K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KLINE "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron Midcontinent, L.P. |
|---|---|
| Field | Tufbow (Strawn) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 68987 |
| Wellbores | 1 |
| Reported production | 105,501 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $636K |
Where KLINE "B" 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.