PLOWMAN
PLOWMAN is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Kiva Resources Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 18,368 barrels. The lease is intermittent. 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 $34K, with roughly $6K 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 4 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was July 2020, at 117 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 PLOWMAN
- Who operates PLOWMAN?
- PLOWMAN is operated by Kiva Resources Inc., Railroad Commission of Texas operator number 469878.
- Where is PLOWMAN?
- PLOWMAN is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08652.
- Is PLOWMAN still producing?
- PLOWMAN is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PLOWMAN is August 2026.
- How much has PLOWMAN produced?
- PLOWMAN has reported 18,368 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PLOWMAN worth?
- The remaining production from PLOWMAN is estimated to be worth about $34K in total as of 26 August 2026, within a range of $0 to $67K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PLOWMAN is a fraction of it. The estimate fits an Arps decline curve to the production PLOWMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PLOWMAN is an estimate of value, not an offer and not an appraisal.
- How much income does PLOWMAN generate in a year?
- PLOWMAN is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PLOWMAN 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 | 08652 |
| Wellbores | 2 |
| Reported production | 18,368 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $34K |
Where PLOWMAN 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.