KEYSTONE FERNANDES
KEYSTONE FERNANDES is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Meridian Oil Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 106,903 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 $294K, with roughly $55K 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 73 barrels a month, about 36 per wellbore. Its strongest month on the record we hold was June 2023, at 311 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 FERNANDES
- Who operates KEYSTONE FERNANDES?
- KEYSTONE FERNANDES is operated by Meridian Oil Inc., Railroad Commission of Texas operator number 561132.
- Where is KEYSTONE FERNANDES?
- KEYSTONE FERNANDES is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 30928.
- Is KEYSTONE FERNANDES still producing?
- KEYSTONE FERNANDES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEYSTONE FERNANDES is August 2026.
- How much has KEYSTONE FERNANDES produced?
- KEYSTONE FERNANDES has reported 106,903 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is KEYSTONE FERNANDES worth?
- The remaining production from KEYSTONE FERNANDES is estimated to be worth about $294K in total as of 27 August 2026, within a range of $162K to $427K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEYSTONE FERNANDES is a fraction of it. The estimate fits an Arps decline curve to the production KEYSTONE FERNANDES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEYSTONE FERNANDES is an estimate of value, not an offer and not an appraisal.
- How much income does KEYSTONE FERNANDES generate in a year?
- KEYSTONE FERNANDES is forecast to net about $55K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KEYSTONE FERNANDES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Oil Inc. |
|---|---|
| Field | Keystone, South |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 30928 |
| Wellbores | 2 |
| Reported production | 106,903 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $294K |
Where KEYSTONE FERNANDES 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.