KAREN -A-
KAREN -A- is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Vultex Corp. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 160,424 barrels. The lease is intermittent. 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 $3K, with roughly $628 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 11 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was January 2018, at 480 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 KAREN -A-
- Who operates KAREN -A-?
- KAREN -A- is operated by Vultex Corp., Railroad Commission of Texas operator number 887800.
- Where is KAREN -A-?
- KAREN -A- is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 01677.
- Is KAREN -A- still producing?
- KAREN -A- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for KAREN -A- is August 2026.
- How much has KAREN -A- produced?
- KAREN -A- has reported 160,424 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is KAREN -A- worth?
- The remaining production from KAREN -A- is estimated to be worth about $3K in total as of 26 August 2026, within a range of $2K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KAREN -A- is a fraction of it. The estimate fits an Arps decline curve to the production KAREN -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KAREN -A- is an estimate of value, not an offer and not an appraisal.
- How much income does KAREN -A- generate in a year?
- KAREN -A- is forecast to net about $628 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KAREN -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vultex Corp. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 01677 |
| Wellbores | 3 |
| Reported production | 160,424 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where KAREN -A- 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.