SIMPSON UNIT
SIMPSON UNIT is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Kadane Corporation. It has 1 wellbore on file with the Commission. Reported production runs from December 1997 to August 2026, totalling 16,114 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 $12K, 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 3 barrels a month. Its strongest month on the record we hold was February 2021, at 187 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 SIMPSON UNIT
- Who operates SIMPSON UNIT?
- SIMPSON UNIT is operated by Kadane Corporation, Railroad Commission of Texas operator number 450038.
- Where is SIMPSON UNIT?
- SIMPSON UNIT is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29428.
- Is SIMPSON UNIT still producing?
- SIMPSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SIMPSON UNIT is August 2026.
- How much has SIMPSON UNIT produced?
- SIMPSON UNIT has reported 16,114 barrels of oil (bbl) to the Railroad Commission of Texas between December 1997 and August 2026, from 1 wellbore.
- How much is SIMPSON UNIT worth?
- The remaining production from SIMPSON UNIT is estimated to be worth about $12K in total as of 26 August 2026, within a range of $0 to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SIMPSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SIMPSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SIMPSON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SIMPSON UNIT generate in a year?
- SIMPSON 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 SIMPSON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kadane Corporation |
|---|---|
| Field | Senate (Miss.) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 29428 |
| Wellbores | 1 |
| Reported production | 16,114 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where SIMPSON 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.