KIRKLAND

KIRKLAND is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Sojourner Drilling Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 17,089 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 $210K, with roughly $40K 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 53 barrels a month. Its strongest month on the record we hold was January 2017, at 130 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 KIRKLAND

Who operates KIRKLAND?
KIRKLAND is operated by Sojourner Drilling Corporation, Railroad Commission of Texas operator number 800750.
Where is KIRKLAND?
KIRKLAND is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31188.
Is KIRKLAND still producing?
KIRKLAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KIRKLAND is August 2026.
How much has KIRKLAND produced?
KIRKLAND has reported 17,089 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
How much is KIRKLAND worth?
The remaining production from KIRKLAND is estimated to be worth about $210K in total as of 26 August 2026, within a range of $116K to $305K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KIRKLAND is a fraction of it. The estimate fits an Arps decline curve to the production KIRKLAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KIRKLAND is an estimate of value, not an offer and not an appraisal.
How much income does KIRKLAND generate in a year?
KIRKLAND is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KIRKLAND receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

KIRKLAND as filed with the Railroad Commission of Texas
OperatorSojourner Drilling Corporation
FieldJones County Regular
CountyJones County, Texas
RRC district7B
Lease number31188
Wellbores1
Reported production17,089 bbl
First reported
Last reported
Estimated royalty value$210K

Where KIRKLAND 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.