SOUTH BLESSING
SOUTH BLESSING is a Texas gas lease in Matagorda County, Railroad Commission district 03, operated by Kebo Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2007 to August 2026, totalling 490,949 thousand cubic feet. 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 $641K, with roughly $141K 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 1,239 thousand cubic feet a month. Its strongest month on the record we hold was December 2020, at 4,423 thousand cubic feet. 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 SOUTH BLESSING
- Who operates SOUTH BLESSING?
- SOUTH BLESSING is operated by Kebo Oil & Gas, Inc., Railroad Commission of Texas operator number 453170.
- Where is SOUTH BLESSING?
- SOUTH BLESSING is a Texas gas lease in Matagorda County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 235118.
- Is SOUTH BLESSING still producing?
- SOUTH BLESSING is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH BLESSING is August 2026.
- How much has SOUTH BLESSING produced?
- SOUTH BLESSING has reported 490,949 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2007 and August 2026, from 1 wellbore.
- How much is SOUTH BLESSING worth?
- The remaining production from SOUTH BLESSING is estimated to be worth about $641K in total as of 27 August 2026, within a range of $532K to $750K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH BLESSING is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH BLESSING has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH BLESSING is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH BLESSING generate in a year?
- SOUTH BLESSING is forecast to net about $141K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTH BLESSING receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kebo Oil & Gas, Inc. |
|---|---|
| Field | Pheasant, SW. (Frio 10000) |
| County | Matagorda County, Texas |
| RRC district | 03 |
| Lease number | 235118 |
| Wellbores | 1 |
| Reported production | 490,949 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $641K |
Where SOUTH BLESSING 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.