KARISSA STATE
KARISSA STATE is a Texas oil lease in Terrell County, Railroad Commission district 7C, operated by Henry Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 43,496 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 $1.4M, with roughly $239K 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 227 barrels a month. Its strongest month on the record we hold was November 2021, at 984 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 KARISSA STATE
- Who operates KARISSA STATE?
- KARISSA STATE is operated by Henry Resources LLC, Railroad Commission of Texas operator number 378535.
- Where is KARISSA STATE?
- KARISSA STATE is a Texas oil lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18747.
- Is KARISSA STATE still producing?
- KARISSA STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KARISSA STATE is August 2026.
- How much has KARISSA STATE produced?
- KARISSA STATE has reported 43,496 barrels of oil (bbl) to the Railroad Commission of Texas between August 2014 and August 2026, from 1 wellbore.
- How much is KARISSA STATE worth?
- The remaining production from KARISSA STATE is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KARISSA STATE is a fraction of it. The estimate fits an Arps decline curve to the production KARISSA STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KARISSA STATE is an estimate of value, not an offer and not an appraisal.
- How much income does KARISSA STATE generate in a year?
- KARISSA STATE is forecast to net about $239K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KARISSA STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Henry Resources LLC |
|---|---|
| Field | Little Mesa (Wolfcamp) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 18747 |
| Wellbores | 1 |
| Reported production | 43,496 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where KARISSA STATE 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.