KNIGHT, BOBBY
KNIGHT, BOBBY is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Petex. It has 1 wellbore on file with the Commission. Reported production runs from August 2022 to August 2026, totalling 11,458 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 $857K, with roughly $194K 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 298 barrels a month. Its strongest month on the record we hold was March 2026, at 388 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 KNIGHT, BOBBY
- Who operates KNIGHT, BOBBY?
- KNIGHT, BOBBY is operated by Petex, Railroad Commission of Texas operator number 659782.
- Where is KNIGHT, BOBBY?
- KNIGHT, BOBBY is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32699.
- Is KNIGHT, BOBBY still producing?
- KNIGHT, BOBBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KNIGHT, BOBBY is August 2026.
- How much has KNIGHT, BOBBY produced?
- KNIGHT, BOBBY has reported 11,458 barrels of oil (bbl) to the Railroad Commission of Texas between August 2022 and August 2026, from 1 wellbore.
- How much is KNIGHT, BOBBY worth?
- The remaining production from KNIGHT, BOBBY is estimated to be worth about $857K in total as of 26 August 2026, within a range of $668K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KNIGHT, BOBBY is a fraction of it. The estimate fits an Arps decline curve to the production KNIGHT, BOBBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KNIGHT, BOBBY is an estimate of value, not an offer and not an appraisal.
- How much income does KNIGHT, BOBBY generate in a year?
- KNIGHT, BOBBY is forecast to net about $194K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KNIGHT, BOBBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petex |
|---|---|
| Field | Pitz (Duffer) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 32699 |
| Wellbores | 1 |
| Reported production | 11,458 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $857K |
Where KNIGHT, BOBBY 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.