KYLE 24
KYLE 24 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Tema Oil And Gas Company. It has 4 wellbores on file with the Commission. Reported production runs from May 2016 to August 2026, totalling 1,138,910 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 $5.8M, with roughly $1.3M 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 1,755 barrels a month, about 439 per wellbore. Its strongest month on the record we hold was March 2019, at 32,165 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 KYLE 24
- Who operates KYLE 24?
- KYLE 24 is operated by Tema Oil And Gas Company, Railroad Commission of Texas operator number 841329.
- Where is KYLE 24?
- KYLE 24 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47683.
- Is KYLE 24 still producing?
- KYLE 24 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KYLE 24 is August 2026.
- How much has KYLE 24 produced?
- KYLE 24 has reported 1,138,910 barrels of oil (bbl) to the Railroad Commission of Texas between May 2016 and August 2026, from 4 wellbores.
- How much is KYLE 24 worth?
- The remaining production from KYLE 24 is estimated to be worth about $5.8M in total as of 26 August 2026, within a range of $4.8M to $6.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KYLE 24 is a fraction of it. The estimate fits an Arps decline curve to the production KYLE 24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KYLE 24 is an estimate of value, not an offer and not an appraisal.
- How much income does KYLE 24 generate in a year?
- KYLE 24 is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KYLE 24 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tema Oil And Gas Company |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 47683 |
| Wellbores | 4 |
| Reported production | 1,138,910 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where KYLE 24 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.