BOYD
BOYD is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by King Oil & Resources Co. It has 1 wellbore on file with the Commission. Reported production runs from November 2020 to August 2026, totalling 4,526 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 $387K, with roughly $74K 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 113 barrels a month. Its strongest month on the record we hold was June 2023, at 291 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 BOYD
- Who operates BOYD?
- BOYD is operated by King Oil & Resources Co, Railroad Commission of Texas operator number 463722.
- Where is BOYD?
- BOYD is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32472.
- Is BOYD still producing?
- BOYD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOYD is August 2026.
- How much has BOYD produced?
- BOYD has reported 4,526 barrels of oil (bbl) to the Railroad Commission of Texas between November 2020 and August 2026, from 1 wellbore.
- How much is BOYD worth?
- The remaining production from BOYD is estimated to be worth about $387K in total as of 26 August 2026, within a range of $302K to $473K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOYD is a fraction of it. The estimate fits an Arps decline curve to the production BOYD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOYD is an estimate of value, not an offer and not an appraisal.
- How much income does BOYD generate in a year?
- BOYD is forecast to net about $74K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOYD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | King Oil & Resources Co |
|---|---|
| Field | Boyd (Caddo) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 32472 |
| Wellbores | 1 |
| Reported production | 4,526 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $387K |
Where BOYD 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.