KING 9
KING 9 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Apache Corporation. It has 3 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 18,719 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 $288K, with roughly $55K 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 70 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was November 2016, at 133 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 KING 9
- Who operates KING 9?
- KING 9 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is KING 9?
- KING 9 is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43482.
- Is KING 9 still producing?
- KING 9 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KING 9 is August 2026.
- How much has KING 9 produced?
- KING 9 has reported 18,719 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 3 wellbores.
- How much is KING 9 worth?
- The remaining production from KING 9 is estimated to be worth about $288K in total as of 26 August 2026, within a range of $158K to $418K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KING 9 is a fraction of it. The estimate fits an Arps decline curve to the production KING 9 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KING 9 is an estimate of value, not an offer and not an appraisal.
- How much income does KING 9 generate in a year?
- KING 9 is forecast to net about $55K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KING 9 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Mcelroy |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 43482 |
| Wellbores | 3 |
| Reported production | 18,719 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $288K |
Where KING 9 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.