KIRBY LUMBER CO
KIRBY LUMBER CO is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Foundation Oil Company, Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2009 to August 2026, totalling 86,889 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 $9K, with roughly $2K 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 2 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was June 2016, at 1,356 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 KIRBY LUMBER CO
- Who operates KIRBY LUMBER CO?
- KIRBY LUMBER CO is operated by Foundation Oil Company, Inc., Railroad Commission of Texas operator number 280941.
- Where is KIRBY LUMBER CO?
- KIRBY LUMBER CO is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25323.
- Is KIRBY LUMBER CO still producing?
- KIRBY LUMBER CO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KIRBY LUMBER CO is August 2026.
- How much has KIRBY LUMBER CO produced?
- KIRBY LUMBER CO has reported 86,889 barrels of oil (bbl) to the Railroad Commission of Texas between May 2009 and August 2026, from 2 wellbores.
- How much is KIRBY LUMBER CO worth?
- The remaining production from KIRBY LUMBER CO is estimated to be worth about $9K in total as of 27 August 2026, within a range of $0 to $19K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KIRBY LUMBER CO is a fraction of it. The estimate fits an Arps decline curve to the production KIRBY LUMBER CO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KIRBY LUMBER CO is an estimate of value, not an offer and not an appraisal.
- How much income does KIRBY LUMBER CO generate in a year?
- KIRBY LUMBER CO is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KIRBY LUMBER CO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Foundation Oil Company, Inc. |
|---|---|
| Field | Silsbee, North (Yegua 4-D) |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 25323 |
| Wellbores | 2 |
| Reported production | 86,889 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where KIRBY LUMBER CO 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.