KEYSTONE CATTLE COMPANY
KEYSTONE CATTLE COMPANY is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Pennzoil Petroleum Company. It has 28 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 449,529 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 $131K, with roughly $25K 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 34 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was May 2016, at 859 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 KEYSTONE CATTLE COMPANY
- Who operates KEYSTONE CATTLE COMPANY?
- KEYSTONE CATTLE COMPANY is operated by Pennzoil Petroleum Company, Railroad Commission of Texas operator number 652365.
- Where is KEYSTONE CATTLE COMPANY?
- KEYSTONE CATTLE COMPANY is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 29385.
- Is KEYSTONE CATTLE COMPANY still producing?
- KEYSTONE CATTLE COMPANY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEYSTONE CATTLE COMPANY is August 2026.
- How much has KEYSTONE CATTLE COMPANY produced?
- KEYSTONE CATTLE COMPANY has reported 449,529 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 28 wellbores.
- How much is KEYSTONE CATTLE COMPANY worth?
- The remaining production from KEYSTONE CATTLE COMPANY is estimated to be worth about $131K in total as of 27 August 2026, within a range of $72K to $189K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEYSTONE CATTLE COMPANY is a fraction of it. The estimate fits an Arps decline curve to the production KEYSTONE CATTLE COMPANY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEYSTONE CATTLE COMPANY is an estimate of value, not an offer and not an appraisal.
- How much income does KEYSTONE CATTLE COMPANY generate in a year?
- KEYSTONE CATTLE COMPANY is forecast to net about $25K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KEYSTONE CATTLE COMPANY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Keystone, SW. (San Andres) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 29385 |
| Wellbores | 28 |
| Reported production | 449,529 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $131K |
Where KEYSTONE CATTLE COMPANY 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.