KAITLYN
KAITLYN is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Terrace Petroleum Corporation. It has 9 wellbores on file with the Commission. Reported production runs from January 2008 to August 2026, totalling 388,125 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 $494K, with roughly $143K 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 283 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was April 2017, at 2,240 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 KAITLYN
- Who operates KAITLYN?
- KAITLYN is operated by Terrace Petroleum Corporation, Railroad Commission of Texas operator number 843265.
- Where is KAITLYN?
- KAITLYN is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16488.
- Is KAITLYN still producing?
- KAITLYN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KAITLYN is August 2026.
- How much has KAITLYN produced?
- KAITLYN has reported 388,125 barrels of oil (bbl) to the Railroad Commission of Texas between January 2008 and August 2026, from 9 wellbores.
- How much is KAITLYN worth?
- The remaining production from KAITLYN is estimated to be worth about $494K in total as of 27 August 2026, within a range of $386K to $603K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KAITLYN is a fraction of it. The estimate fits an Arps decline curve to the production KAITLYN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KAITLYN is an estimate of value, not an offer and not an appraisal.
- How much income does KAITLYN generate in a year?
- KAITLYN is forecast to net about $143K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KAITLYN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Terrace Petroleum Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 16488 |
| Wellbores | 9 |
| Reported production | 388,125 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $494K |
Where KAITLYN 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.