LILES, KATIE SUE
LILES, KATIE SUE is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Spence, Ralph Oil Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 44,313 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 $66K, with roughly $13K 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 39 barrels a month. Its strongest month on the record we hold was January 2023, at 169 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 LILES, KATIE SUE
- Who operates LILES, KATIE SUE?
- LILES, KATIE SUE is operated by Spence, Ralph Oil Company, Inc., Railroad Commission of Texas operator number 809331.
- Where is LILES, KATIE SUE?
- LILES, KATIE SUE is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 12336.
- Is LILES, KATIE SUE still producing?
- LILES, KATIE SUE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LILES, KATIE SUE is August 2026.
- How much has LILES, KATIE SUE produced?
- LILES, KATIE SUE has reported 44,313 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LILES, KATIE SUE worth?
- The remaining production from LILES, KATIE SUE is estimated to be worth about $66K in total as of 27 August 2026, within a range of $37K to $96K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LILES, KATIE SUE is a fraction of it. The estimate fits an Arps decline curve to the production LILES, KATIE SUE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LILES, KATIE SUE is an estimate of value, not an offer and not an appraisal.
- How much income does LILES, KATIE SUE generate in a year?
- LILES, KATIE SUE is forecast to net about $13K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LILES, KATIE SUE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Spence, Ralph Oil Company, Inc. |
|---|---|
| Field | Katie Sue (Paluxy) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 12336 |
| Wellbores | 1 |
| Reported production | 44,313 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $66K |
Where LILES, KATIE SUE 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.