KAREN
KAREN is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Wilbanks, Bruce A. Company. It has 11 wellbores on file with the Commission. Reported production runs from January 1995 to August 2026, totalling 143,803 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 $485K, with roughly $209K 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 370 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was March 2025, at 822 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 KAREN
- Who operates KAREN?
- KAREN is operated by Wilbanks, Bruce A. Company, Railroad Commission of Texas operator number 923063.
- Where is KAREN?
- KAREN is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34405.
- Is KAREN still producing?
- KAREN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KAREN is August 2026.
- How much has KAREN produced?
- KAREN has reported 143,803 barrels of oil (bbl) to the Railroad Commission of Texas between January 1995 and August 2026, from 11 wellbores.
- How much is KAREN worth?
- The remaining production from KAREN is estimated to be worth about $485K in total as of 26 August 2026, within a range of $378K to $591K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KAREN is a fraction of it. The estimate fits an Arps decline curve to the production KAREN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KAREN is an estimate of value, not an offer and not an appraisal.
- How much income does KAREN generate in a year?
- KAREN is forecast to net about $209K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KAREN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wilbanks, Bruce A. Company |
|---|---|
| Field | Toborg |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 34405 |
| Wellbores | 11 |
| Reported production | 143,803 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $485K |
Where KAREN 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.