GILES, J. E. & C. C.
GILES, J. E. & C. C. is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Kiva Resources Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 44,805 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 $376K, with roughly $72K 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 93 barrels a month. Its strongest month on the record we hold was November 2019, at 148 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GILES, J. E. & C. C.
- Who operates GILES, J. E. & C. C.?
- GILES, J. E. & C. C. is operated by Kiva Resources Inc., Railroad Commission of Texas operator number 469878.
- Where is GILES, J. E. & C. C.?
- GILES, J. E. & C. C. is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08657.
- Is GILES, J. E. & C. C. still producing?
- GILES, J. E. & C. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GILES, J. E. & C. C. is August 2026.
- How much has GILES, J. E. & C. C. produced?
- GILES, J. E. & C. C. has reported 44,805 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GILES, J. E. & C. C. worth?
- The remaining production from GILES, J. E. & C. C. is estimated to be worth about $376K in total as of 26 August 2026, within a range of $207K to $545K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GILES, J. E. & C. C. is a fraction of it. The estimate fits an Arps decline curve to the production GILES, J. E. & C. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GILES, J. E. & C. C. is an estimate of value, not an offer and not an appraisal.
- How much income does GILES, J. E. & C. C. generate in a year?
- GILES, J. E. & C. C. is forecast to net about $72K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GILES, J. E. & C. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kiva Resources Inc. |
|---|---|
| Field | East Texas |
| County | Rusk County, Texas |
| RRC district | 6E |
| Lease number | 08657 |
| Wellbores | 1 |
| Reported production | 44,805 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $376K |
Where GILES, J. E. & C. C. 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.