Texas oil lease · RRC district 02 · Lease 12403
ProducingDOUBLE DOWN
Double Down is an oil lease in Calhoun County, Texas, operated by Kebo Oil & Gas, Inc. in the Long Mott, East (7450) field. The Railroad Commission shows 4,290 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 2 wells
- Operator
- Kebo Oil & Gas, Inc.
- County
- Calhoun County
- RRC lease
- 02-12403
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Where it sits
This county
- Oil in Jul 2026
- 286 bbl
- Reporting to the state
- since Mar 2022
- Wells
- 2
- Data through
- Jul 2026
Production
Month by month, from the state record
Oil output fell 8% over the last 12 months
4,290 bbl in the 12 months through Jul 2026, against 4,640 bbl in the 12 months before.
- Oil (bars, left axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 12403, district 02. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
Kebo Oil & Gas, Inc. has reported this lease for the whole period
No change of operator in the months we hold.
- Kebo Oil & Gas, Inc. Mar 2022 to now
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
2 wells on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-057-31824 | 1 | Active | – |
| 42-057-31826 | 2 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 02, lease 12403.
Who buys and gathers
Who moves and buys this lease's production
Oil
Dorado Oil Company gathers it.
100% of it, on the list since Mar 23, 2022
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
167.14 acres on the newest permit
- Wells on the permits
- 22 not plugged
- Horizontal
- 0
- First completion
- Mar 23, 2022
- Latest permit
- Jun 21, 2024
The wells on this lease state different acreage
The permits state between 167.14 and 258.91 acres. Use the acres from your own division order for the well you are paid on.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-057-31826 | 2 | Jun 21, 2024 | Oct 28, 2024 | 167.14 |
| 42-057-31824 | 1 | Dec 10, 2021 | Mar 23, 2022 | 258.91 |
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says DOUBLE DOWN sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026Kebo Oil | 286 | 185 | $80.46 | $2.89 |
| Jun 2026Kebo Oil | 288 | 381 | $84.81 | $3.15 |
| May 2026Kebo Oil | 309 | 351 | $102.13 | $2.94 |
| Apr 2026Kebo Oil | 169 | 173 | $100.32 | $2.77 |
| Mar 2026Kebo Oil | 172 | 240 | $91.38 | $3.04 |
| Feb 2026Kebo Oil | 244 | 182 | $64.51 | $3.62 |
| Jan 2026Kebo Oil | 375 | 181 | $60.04 | $7.72 |
| Dec 2025Kebo Oil | 459 | 733 | $57.97 | $4.26 |
| Nov 2025Kebo Oil | 497 | 360 | $60.06 | $3.79 |
| Oct 2025Kebo Oil | 541 | 530 | $60.89 | $3.19 |
| Sep 2025Kebo Oil | 431 | 554 | $63.96 | $2.97 |
| Aug 2025Kebo Oil | 519 | 351 | $64.86 | $2.91 |
| Jul 2025Kebo Oil | 605 | 745 | $68.39 | $3.20 |
| Jun 2025Kebo Oil | 389 | 195 | $68.17 | $3.02 |
| May 2025Kebo Oil | 607 | 682 | $62.17 | $3.12 |
| Apr 2025Kebo Oil | 586 | 487 | $63.54 | $3.42 |
| Mar 2025Kebo Oil | 410 | 578 | $68.24 | $4.12 |
| Feb 2025Kebo Oil | 350 | 197 | $71.53 | $4.19 |
| Jan 2025Kebo Oil | 237 | 437 | $75.74 | $4.13 |
| Dec 2024Kebo Oil | 388 | 360 | $70.12 | $3.01 |
| Nov 2024Kebo Oil | 647 | 387 | $69.95 | $2.12 |
| Oct 2024Kebo Oil | 134 | 269 | $71.99 | $2.20 |
| Sep 2024Kebo Oil | 144 | 0 | $70.24 | $2.28 |
| Aug 2024Kebo Oil | 143 | 144 | $76.68 | $1.99 |
| Jul 2024Kebo Oil | 144 | 155 | $81.80 | $2.07 |
| Jun 2024Kebo Oil | 137 | 149 | $79.77 | $2.54 |
| May 2024Kebo Oil | 167 | 187 | $80.02 | $2.12 |
| Apr 2024Kebo Oil | 167 | 168 | $85.35 | $1.60 |
| Mar 2024Kebo Oil | 180 | 174 | $81.28 | $1.49 |
| Feb 2024Kebo Oil | 183 | 179 | $77.25 | $1.72 |
| Jan 2024Kebo Oil | 206 | 170 | $74.15 | $3.18 |
| Dec 2023Kebo Oil | 182 | 184 | $71.90 | $2.52 |
| Nov 2023Kebo Oil | 156 | 358 | $77.69 | $2.71 |
| Oct 2023Kebo Oil | 125 | 0 | $85.64 | $2.98 |
| Sep 2023Kebo Oil | 168 | 181 | $89.43 | $2.64 |
| Aug 2023Kebo Oil | 192 | 184 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for DOUBLE DOWN. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Kebo Oil & Gas, Inc.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Leases within 10 km
Found by the location of their wells.
- HAHN
5,844 bbl last 12 months · 0.6 km away
- SHOFNER, W. A., ESTATE
2 bbl last 12 months · 6.4 km away
- MICHOT, KATE B., MRS.
0 bbl last 12 months · 6.5 km away
- MICHOT, MRS. KATE B.
0 mcf last 12 months · 6.5 km away
- SHOFNER, W. A., ESTATE
0 bbl last 12 months · 6.6 km away
Drilling permits within 10 km
D & C #1
new drill · Hominy Consulting, LLC · Calhoun County · 9.4 km away
Permit 0914943 · Apr 21, 2026
DOUBLE DOWNN #2
new drill · Kebo Oil & Gas, Inc. · Calhoun County · 0 km away
Permit 0900061 · Jun 21, 2024
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 12403, district 02, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.