KEMP
KEMP is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Schaefer, Gary L. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 38,580 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 $266K, with roughly $51K 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 96 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was June 2017, at 192 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 KEMP
- Who operates KEMP?
- KEMP is operated by Schaefer, Gary L., Railroad Commission of Texas operator number 750197.
- Where is KEMP?
- KEMP is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 00640.
- Is KEMP still producing?
- KEMP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEMP is August 2026.
- How much has KEMP produced?
- KEMP has reported 38,580 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is KEMP worth?
- The remaining production from KEMP is estimated to be worth about $266K in total as of 26 August 2026, within a range of $146K to $385K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEMP is a fraction of it. The estimate fits an Arps decline curve to the production KEMP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEMP is an estimate of value, not an offer and not an appraisal.
- How much income does KEMP generate in a year?
- KEMP is forecast to net about $51K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KEMP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Schaefer, Gary L. |
|---|---|
| Field | Archer County Regular |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 00640 |
| Wellbores | 4 |
| Reported production | 38,580 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $266K |
Where KEMP 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.