NORTH KNOX CITY UNIT
NORTH KNOX CITY UNIT is a Texas oil lease in Knox County, Railroad Commission district 09, operated by Plains Petroleum Operating Co. It has 59 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,211,779 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 $6.4M, 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 2,029 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was November 2017, at 2,864 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 NORTH KNOX CITY UNIT
- Who operates NORTH KNOX CITY UNIT?
- NORTH KNOX CITY UNIT is operated by Plains Petroleum Operating Co., Railroad Commission of Texas operator number 667867.
- Where is NORTH KNOX CITY UNIT?
- NORTH KNOX CITY UNIT is a Texas oil lease in Knox County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 09795.
- Is NORTH KNOX CITY UNIT still producing?
- NORTH KNOX CITY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH KNOX CITY UNIT is August 2026.
- How much has NORTH KNOX CITY UNIT produced?
- NORTH KNOX CITY UNIT has reported 1,211,779 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 59 wellbores.
- How much is NORTH KNOX CITY UNIT worth?
- The remaining production from NORTH KNOX CITY UNIT is estimated to be worth about $6.4M in total as of 26 August 2026, within a range of $5.3M to $7.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH KNOX CITY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NORTH KNOX CITY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH KNOX CITY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH KNOX CITY UNIT generate in a year?
- NORTH KNOX CITY UNIT is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NORTH KNOX CITY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Plains Petroleum Operating Co. |
|---|---|
| Field | Knox City, North (Canyon) |
| County | Knox County, Texas |
| RRC district | 09 |
| Lease number | 09795 |
| Wellbores | 59 |
| Reported production | 1,211,779 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.4M |
Where NORTH KNOX CITY 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.