KEPNER
KEPNER is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Burk Royalty Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,540 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 $21K, with roughly $4K 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 5 barrels a month. Its strongest month on the record we hold was March 2017, at 16 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 KEPNER
- Who operates KEPNER?
- KEPNER is operated by Burk Royalty Company, Railroad Commission of Texas operator number 108800.
- Where is KEPNER?
- KEPNER is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 08962.
- Is KEPNER still producing?
- KEPNER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEPNER is August 2026.
- How much has KEPNER produced?
- KEPNER has reported 8,540 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is KEPNER worth?
- The remaining production from KEPNER is estimated to be worth about $21K in total as of 26 August 2026, within a range of $0 to $42K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEPNER is a fraction of it. The estimate fits an Arps decline curve to the production KEPNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEPNER is an estimate of value, not an offer and not an appraisal.
- How much income does KEPNER generate in a year?
- KEPNER is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KEPNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burk Royalty Company |
|---|---|
| Field | Wilson (Strawn) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 08962 |
| Wellbores | 1 |
| Reported production | 8,540 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21K |
Where KEPNER 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.