OAKLAND CORP. WATERFLOOD UNIT
OAKLAND CORP. WATERFLOOD UNIT is a Texas oil lease in Cass County, Railroad Commission district 06, operated by Killingsworth Oil Co. It has 20 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 335,108 barrels. The lease is intermittent. 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 $2K 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 1 barrels a month. Its strongest month on the record we hold was March 2021, at 1,275 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 OAKLAND CORP. WATERFLOOD UNIT
- Who operates OAKLAND CORP. WATERFLOOD UNIT?
- OAKLAND CORP. WATERFLOOD UNIT is operated by Killingsworth Oil Co., Railroad Commission of Texas operator number 460860.
- Where is OAKLAND CORP. WATERFLOOD UNIT?
- OAKLAND CORP. WATERFLOOD UNIT is a Texas oil lease in Cass County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 12302.
- Is OAKLAND CORP. WATERFLOOD UNIT still producing?
- OAKLAND CORP. WATERFLOOD UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for OAKLAND CORP. WATERFLOOD UNIT is August 2026.
- How much has OAKLAND CORP. WATERFLOOD UNIT produced?
- OAKLAND CORP. WATERFLOOD UNIT has reported 335,108 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 20 wellbores.
- How much is OAKLAND CORP. WATERFLOOD UNIT worth?
- The remaining production from OAKLAND CORP. WATERFLOOD UNIT is estimated to be worth about $9K in total as of 26 August 2026, within a range of $0 to $19K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OAKLAND CORP. WATERFLOOD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OAKLAND CORP. WATERFLOOD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OAKLAND CORP. WATERFLOOD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OAKLAND CORP. WATERFLOOD UNIT generate in a year?
- OAKLAND CORP. WATERFLOOD UNIT is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OAKLAND CORP. WATERFLOOD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Killingsworth Oil Co. |
|---|---|
| Field | Kildare |
| County | Cass County, Texas |
| RRC district | 06 |
| Lease number | 12302 |
| Wellbores | 20 |
| Reported production | 335,108 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where OAKLAND CORP. WATERFLOOD 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.