KIBBE
KIBBE is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by Rose City Resources, LLC. It has 2 wellbores on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 108,099 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 $4.0M, with roughly $1.1M 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 1,794 barrels a month, about 897 per wellbore. Its strongest month on the record we hold was September 2023, at 10,739 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 KIBBE
- Who operates KIBBE?
- KIBBE is operated by Rose City Resources, LLC, Railroad Commission of Texas operator number 727892.
- Where is KIBBE?
- KIBBE is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 16021.
- Is KIBBE still producing?
- KIBBE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KIBBE is August 2026.
- How much has KIBBE produced?
- KIBBE has reported 108,099 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 2 wellbores.
- How much is KIBBE worth?
- The remaining production from KIBBE is estimated to be worth about $4.0M in total as of 26 August 2026, within a range of $3.3M to $4.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KIBBE is a fraction of it. The estimate fits an Arps decline curve to the production KIBBE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KIBBE is an estimate of value, not an offer and not an appraisal.
- How much income does KIBBE generate in a year?
- KIBBE is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KIBBE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rose City Resources, LLC |
|---|---|
| Field | Whelan (Pettit) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 16021 |
| Wellbores | 2 |
| Reported production | 108,099 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.0M |
Where KIBBE 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.