KRAMER A
KRAMER A is a Texas oil lease in Howard County, Railroad Commission district 08, operated by SM Energy Company. It has 2 wellbores on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 721,173 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 $861K, with roughly $540K 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 859 barrels a month, about 430 per wellbore. Its strongest month on the record we hold was June 2018, at 66,368 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 KRAMER A
- Who operates KRAMER A?
- KRAMER A is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is KRAMER A?
- KRAMER A is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50499.
- Is KRAMER A still producing?
- KRAMER A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KRAMER A is August 2026.
- How much has KRAMER A produced?
- KRAMER A has reported 721,173 barrels of oil (bbl) to the Railroad Commission of Texas between April 2018 and August 2026, from 2 wellbores.
- How much is KRAMER A worth?
- The remaining production from KRAMER A is estimated to be worth about $861K in total as of 26 August 2026, within a range of $672K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KRAMER A is a fraction of it. The estimate fits an Arps decline curve to the production KRAMER A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KRAMER A is an estimate of value, not an offer and not an appraisal.
- How much income does KRAMER A generate in a year?
- KRAMER A is forecast to net about $540K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KRAMER A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 50499 |
| Wellbores | 2 |
| Reported production | 721,173 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $861K |
Where KRAMER 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.