KEERAN
KEERAN is a Texas oil lease in Victoria County, Railroad Commission district 02, operated by Hart Petroleum Services, Inc. It has 10 wellbores on file with the Commission. Reported production runs from August 2005 to August 2026, totalling 496,561 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 $1.5M, with roughly $365K 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 431 barrels a month, about 43 per wellbore. Its strongest month on the record we hold was May 2016, at 2,918 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 KEERAN
- Who operates KEERAN?
- KEERAN is operated by Hart Petroleum Services, Inc, Railroad Commission of Texas operator number 362869.
- Where is KEERAN?
- KEERAN is a Texas oil lease in Victoria County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09047.
- Is KEERAN still producing?
- KEERAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEERAN is August 2026.
- How much has KEERAN produced?
- KEERAN has reported 496,561 barrels of oil (bbl) to the Railroad Commission of Texas between August 2005 and August 2026, from 10 wellbores.
- How much is KEERAN worth?
- The remaining production from KEERAN is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEERAN is a fraction of it. The estimate fits an Arps decline curve to the production KEERAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEERAN is an estimate of value, not an offer and not an appraisal.
- How much income does KEERAN generate in a year?
- KEERAN is forecast to net about $365K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KEERAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hart Petroleum Services, Inc |
|---|---|
| Field | Koontz (4750) |
| County | Victoria County, Texas |
| RRC district | 02 |
| Lease number | 09047 |
| Wellbores | 10 |
| Reported production | 496,561 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where KEERAN 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.