KEE-WATSON UNIT

KEE-WATSON UNIT is a Texas oil lease in Young County, Railroad Commission district 09, operated by S.B. Street Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 24,410 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 $32K, with roughly $6K 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 23 barrels a month. Its strongest month on the record we hold was July 2019, at 1,097 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 KEE-WATSON UNIT

Who operates KEE-WATSON UNIT?
KEE-WATSON UNIT is operated by S.B. Street Operating, Inc., Railroad Commission of Texas operator number 740251.
Where is KEE-WATSON UNIT?
KEE-WATSON UNIT is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33881.
Is KEE-WATSON UNIT still producing?
KEE-WATSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEE-WATSON UNIT is August 2026.
How much has KEE-WATSON UNIT produced?
KEE-WATSON UNIT has reported 24,410 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 1 wellbore.
How much is KEE-WATSON UNIT worth?
The remaining production from KEE-WATSON UNIT is estimated to be worth about $32K in total as of 26 August 2026, within a range of $17K to $46K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEE-WATSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KEE-WATSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEE-WATSON UNIT is an estimate of value, not an offer and not an appraisal.
How much income does KEE-WATSON UNIT generate in a year?
KEE-WATSON UNIT is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KEE-WATSON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

KEE-WATSON UNIT as filed with the Railroad Commission of Texas
OperatorS.B. Street Operating, Inc.
FieldPadgitt, SW. (Miss)
CountyYoung County, Texas
RRC district09
Lease number33881
Wellbores1
Reported production24,410 bbl
First reported
Last reported
Estimated royalty value$32K

Where KEE-WATSON UNIT 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.