KROP
KROP is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Sharp Image Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2017 to August 2026, totalling 22,345 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 $261K, with roughly $50K 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 72 barrels a month. Its strongest month on the record we hold was July 2017, at 998 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 KROP
- Who operates KROP?
- KROP is operated by Sharp Image Energy, Inc., Railroad Commission of Texas operator number 770731.
- Where is KROP?
- KROP is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70626.
- Is KROP still producing?
- KROP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KROP is August 2026.
- How much has KROP produced?
- KROP has reported 22,345 barrels of oil (bbl) to the Railroad Commission of Texas between July 2017 and August 2026, from 1 wellbore.
- How much is KROP worth?
- The remaining production from KROP is estimated to be worth about $261K in total as of 26 August 2026, within a range of $144K to $378K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KROP is a fraction of it. The estimate fits an Arps decline curve to the production KROP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KROP is an estimate of value, not an offer and not an appraisal.
- How much income does KROP generate in a year?
- KROP is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KROP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sharp Image Energy, Inc. |
|---|---|
| Field | Tri-Rue (Reef) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 70626 |
| Wellbores | 1 |
| Reported production | 22,345 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $261K |
Where KROP 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.