KIRKPATRICK
KIRKPATRICK is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Reed Production, Inc. It has 4 wellbores on file with the Commission. Reported production runs from August 2004 to August 2026, totalling 80,235 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 $263K, 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 65 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was May 2016, at 551 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 KIRKPATRICK
- Who operates KIRKPATRICK?
- KIRKPATRICK is operated by Reed Production, Inc., Railroad Commission of Texas operator number 697666.
- Where is KIRKPATRICK?
- KIRKPATRICK is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30334.
- Is KIRKPATRICK still producing?
- KIRKPATRICK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KIRKPATRICK is August 2026.
- How much has KIRKPATRICK produced?
- KIRKPATRICK has reported 80,235 barrels of oil (bbl) to the Railroad Commission of Texas between August 2004 and August 2026, from 4 wellbores.
- How much is KIRKPATRICK worth?
- The remaining production from KIRKPATRICK is estimated to be worth about $263K in total as of 26 August 2026, within a range of $144K to $381K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KIRKPATRICK is a fraction of it. The estimate fits an Arps decline curve to the production KIRKPATRICK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KIRKPATRICK is an estimate of value, not an offer and not an appraisal.
- How much income does KIRKPATRICK generate in a year?
- KIRKPATRICK 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 KIRKPATRICK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reed Production, Inc. |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 30334 |
| Wellbores | 4 |
| Reported production | 80,235 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $263K |
Where KIRKPATRICK 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.