KORTH UNIT B

KORTH UNIT B is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Burlington Resources O & G Co LP. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 493,889 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 $7.2M, with roughly $1.8M 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 2,417 barrels a month. Its strongest month on the record we hold was March 2020, at 31,866 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 KORTH UNIT B

Who operates KORTH UNIT B?
KORTH UNIT B is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
Where is KORTH UNIT B?
KORTH UNIT B is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11960.
Is KORTH UNIT B still producing?
KORTH UNIT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KORTH UNIT B is August 2026.
How much has KORTH UNIT B produced?
KORTH UNIT B has reported 493,889 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
How much is KORTH UNIT B worth?
The remaining production from KORTH UNIT B is estimated to be worth about $7.2M in total as of 27 August 2026, within a range of $6.0M to $8.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KORTH UNIT B is a fraction of it. The estimate fits an Arps decline curve to the production KORTH UNIT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KORTH UNIT B is an estimate of value, not an offer and not an appraisal.
How much income does KORTH UNIT B generate in a year?
KORTH UNIT B is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KORTH UNIT B receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

KORTH UNIT B as filed with the Railroad Commission of Texas
OperatorBurlington Resources O & G Co LP
FieldSugarkane (Austin Chalk)
CountyKarnes County, Texas
RRC district02
Lease number11960
Wellbores1
Reported production493,889 bbl
First reported
Last reported
Estimated royalty value$7.2M

Where KORTH UNIT B 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.