K-P
K-P is a Texas oil lease in Concho County, Railroad Commission district 7C, operated by HW Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 1,228 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 $3K, with roughly $628 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 11 barrels a month. Its strongest month on the record we hold was March 2024, at 103 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 K-P
- Who operates K-P?
- K-P is operated by HW Operating, LLC, Railroad Commission of Texas operator number 341598.
- Where is K-P?
- K-P is a Texas oil lease in Concho County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22111.
- Is K-P still producing?
- K-P is currently producing. The most recent month of production reported to the Railroad Commission of Texas for K-P is August 2026.
- How much has K-P produced?
- K-P has reported 1,228 barrels of oil (bbl) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is K-P worth?
- The remaining production from K-P is estimated to be worth about $3K in total as of 27 August 2026, within a range of $2K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in K-P is a fraction of it. The estimate fits an Arps decline curve to the production K-P has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for K-P is an estimate of value, not an offer and not an appraisal.
- How much income does K-P generate in a year?
- K-P is forecast to net about $628 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in K-P receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | HW Operating, LLC |
|---|---|
| Field | Chile Pieper (L. King Sand) |
| County | Concho County, Texas |
| RRC district | 7C |
| Lease number | 22111 |
| Wellbores | 1 |
| Reported production | 1,228 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where K-P 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.