KING CANYON STATE 54-1-8-5 N
KING CANYON STATE 54-1-8-5 N is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2024 to August 2026, totalling 277,856 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 $2.0M, with roughly $1.4M 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 4,854 barrels a month. Its strongest month on the record we hold was February 2024, at 27,415 barrels. 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 KING CANYON STATE 54-1-8-5 N
- Who operates KING CANYON STATE 54-1-8-5 N?
- KING CANYON STATE 54-1-8-5 N is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is KING CANYON STATE 54-1-8-5 N?
- KING CANYON STATE 54-1-8-5 N is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61048.
- Is KING CANYON STATE 54-1-8-5 N still producing?
- KING CANYON STATE 54-1-8-5 N is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KING CANYON STATE 54-1-8-5 N is August 2026.
- How much has KING CANYON STATE 54-1-8-5 N produced?
- KING CANYON STATE 54-1-8-5 N has reported 277,856 barrels of oil (bbl) to the Railroad Commission of Texas between January 2024 and August 2026, from 1 wellbore.
- How much is KING CANYON STATE 54-1-8-5 N worth?
- The remaining production from KING CANYON STATE 54-1-8-5 N is estimated to be worth about $2.0M in total as of 27 August 2026, within a range of $1.6M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KING CANYON STATE 54-1-8-5 N is a fraction of it. The estimate fits an Arps decline curve to the production KING CANYON STATE 54-1-8-5 N has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KING CANYON STATE 54-1-8-5 N is an estimate of value, not an offer and not an appraisal.
- How much income does KING CANYON STATE 54-1-8-5 N generate in a year?
- KING CANYON STATE 54-1-8-5 N is forecast to net about $1.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KING CANYON STATE 54-1-8-5 N receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 61048 |
| Wellbores | 1 |
| Reported production | 277,856 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where KING CANYON STATE 54-1-8-5 N 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.