KYLE
KYLE is a Texas oil lease in Hardeman County, Railroad Commission district 09, operated by Farrex, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 29,740 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 $163K, with roughly $31K 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 44 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was September 2025, at 120 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 KYLE
- Who operates KYLE?
- KYLE is operated by Farrex, Inc., Railroad Commission of Texas operator number 263520.
- Where is KYLE?
- KYLE is a Texas oil lease in Hardeman County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 22192.
- Is KYLE still producing?
- KYLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KYLE is August 2026.
- How much has KYLE produced?
- KYLE has reported 29,740 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is KYLE worth?
- The remaining production from KYLE is estimated to be worth about $163K in total as of 26 August 2026, within a range of $90K to $236K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KYLE is a fraction of it. The estimate fits an Arps decline curve to the production KYLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KYLE is an estimate of value, not an offer and not an appraisal.
- How much income does KYLE generate in a year?
- KYLE is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KYLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Farrex, Inc. |
|---|---|
| Field | Kyle (Miss) |
| County | Hardeman County, Texas |
| RRC district | 09 |
| Lease number | 22192 |
| Wellbores | 2 |
| Reported production | 29,740 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $163K |
Where KYLE 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.