KNESEK UNIT
KNESEK UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Williams, Clayton Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 1996 to August 2026, totalling 219,034 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 $742K, with roughly $143K 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 172 barrels a month. Its strongest month on the record we hold was May 2023, at 808 barrels. 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 KNESEK UNIT
- Who operates KNESEK UNIT?
- KNESEK UNIT is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
- Where is KNESEK UNIT?
- KNESEK UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22953.
- Is KNESEK UNIT still producing?
- KNESEK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KNESEK UNIT is August 2026.
- How much has KNESEK UNIT produced?
- KNESEK UNIT has reported 219,034 barrels of oil (bbl) to the Railroad Commission of Texas between March 1996 and August 2026, from 1 wellbore.
- How much is KNESEK UNIT worth?
- The remaining production from KNESEK UNIT is estimated to be worth about $742K in total as of 26 August 2026, within a range of $579K to $906K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KNESEK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KNESEK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KNESEK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KNESEK UNIT generate in a year?
- KNESEK UNIT is forecast to net about $143K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KNESEK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams, Clayton Energy, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 22953 |
| Wellbores | 1 |
| Reported production | 219,034 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $742K |
Where KNESEK 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.