FOX
FOX is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Tidal Petroleum, Inc. It has 2 wellbores on file with the Commission. Reported production runs from April 2022 to August 2026, totalling 73,340 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 $449K, with roughly $230K 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 454 barrels a month, about 227 per wellbore. Its strongest month on the record we hold was August 2022, at 8,782 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 FOX
- Who operates FOX?
- FOX is operated by Tidal Petroleum, Inc., Railroad Commission of Texas operator number 859240.
- Where is FOX?
- FOX is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 12384.
- Is FOX still producing?
- FOX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOX is August 2026.
- How much has FOX produced?
- FOX has reported 73,340 barrels of oil (bbl) to the Railroad Commission of Texas between April 2022 and August 2026, from 2 wellbores.
- How much is FOX worth?
- The remaining production from FOX is estimated to be worth about $449K in total as of 26 August 2026, within a range of $350K to $548K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOX is a fraction of it. The estimate fits an Arps decline curve to the production FOX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOX is an estimate of value, not an offer and not an appraisal.
- How much income does FOX generate in a year?
- FOX is forecast to net about $230K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOX receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tidal Petroleum, Inc. |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 12384 |
| Wellbores | 2 |
| Reported production | 73,340 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $449K |
Where FOX 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.