KERR-MCGEE
KERR-MCGEE is a Texas gas lease in Liberty County, Railroad Commission district 03, operated by Cimarex Energy Co. It has 1 wellbore on file with the Commission. Reported production runs from May 2007 to August 2026, totalling 4,204,859 thousand cubic feet. 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 $2.7M, with roughly $511K 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 9,422 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 48,255 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 KERR-MCGEE
- Who operates KERR-MCGEE?
- KERR-MCGEE is operated by Cimarex Energy Co., Railroad Commission of Texas operator number 153438.
- Where is KERR-MCGEE?
- KERR-MCGEE is a Texas gas lease in Liberty County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 230364.
- Is KERR-MCGEE still producing?
- KERR-MCGEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KERR-MCGEE is August 2026.
- How much has KERR-MCGEE produced?
- KERR-MCGEE has reported 4,204,859 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is KERR-MCGEE worth?
- The remaining production from KERR-MCGEE is estimated to be worth about $2.7M in total as of 27 August 2026, within a range of $2.2M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KERR-MCGEE is a fraction of it. The estimate fits an Arps decline curve to the production KERR-MCGEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KERR-MCGEE is an estimate of value, not an offer and not an appraisal.
- How much income does KERR-MCGEE generate in a year?
- KERR-MCGEE is forecast to net about $511K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KERR-MCGEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. |
|---|---|
| Field | Buye (Lower Cook MTN. 3) |
| County | Liberty County, Texas |
| RRC district | 03 |
| Lease number | 230364 |
| Wellbores | 1 |
| Reported production | 4,204,859 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where KERR-MCGEE 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.