TRACT 72
TRACT 72 is a Texas oil lease in Refugio County, Railroad Commission district 02, operated by Kebo Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 168,191 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 $612K, with roughly $118K 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 138 barrels a month. Its strongest month on the record we hold was May 2017, at 394 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 TRACT 72
- Who operates TRACT 72?
- TRACT 72 is operated by Kebo Oil & Gas, Inc., Railroad Commission of Texas operator number 453170.
- Where is TRACT 72?
- TRACT 72 is a Texas oil lease in Refugio County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 07837.
- Is TRACT 72 still producing?
- TRACT 72 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRACT 72 is August 2026.
- How much has TRACT 72 produced?
- TRACT 72 has reported 168,191 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TRACT 72 worth?
- The remaining production from TRACT 72 is estimated to be worth about $612K in total as of 26 August 2026, within a range of $477K to $746K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRACT 72 is a fraction of it. The estimate fits an Arps decline curve to the production TRACT 72 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRACT 72 is an estimate of value, not an offer and not an appraisal.
- How much income does TRACT 72 generate in a year?
- TRACT 72 is forecast to net about $118K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TRACT 72 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kebo Oil & Gas, Inc. |
|---|---|
| Field | Siene Bean (5770) |
| County | Refugio County, Texas |
| RRC district | 02 |
| Lease number | 07837 |
| Wellbores | 1 |
| Reported production | 168,191 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $612K |
Where TRACT 72 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.