KENAS
KENAS is a Texas gas lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 848,492 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 $9K, with roughly $7K 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 991 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 6,631 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 KENAS
- Who operates KENAS?
- KENAS is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is KENAS?
- KENAS is a Texas gas lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 278503.
- Is KENAS still producing?
- KENAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KENAS is August 2026.
- How much has KENAS produced?
- KENAS has reported 848,492 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2008 and August 2026, from 1 wellbore.
- How much is KENAS worth?
- The remaining production from KENAS is estimated to be worth about $9K in total as of 27 August 2026, within a range of $7K to $12K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KENAS is a fraction of it. The estimate fits an Arps decline curve to the production KENAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KENAS is an estimate of value, not an offer and not an appraisal.
- How much income does KENAS generate in a year?
- KENAS is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KENAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 278503 |
| Wellbores | 1 |
| Reported production | 848,492 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where KENAS 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.