KONE
KONE is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Murphy Expl. & Prod. Co. - USA. It has 91 wellbores on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 19,970,142 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 $83.3M, with roughly $28.1M 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 42,002 barrels a month, about 462 per wellbore. Its strongest month on the record we hold was July 2018, at 263,850 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 KONE
- Who operates KONE?
- KONE is operated by Murphy Expl. & Prod. Co. - USA, Railroad Commission of Texas operator number 594675.
- Where is KONE?
- KONE is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15474.
- Is KONE still producing?
- KONE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KONE is August 2026.
- How much has KONE produced?
- KONE has reported 19,970,142 barrels of oil (bbl) to the Railroad Commission of Texas between May 2011 and August 2026, from 91 wellbores.
- How much is KONE worth?
- The remaining production from KONE is estimated to be worth about $83.3M in total as of 27 August 2026, within a range of $68.3M to $98.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KONE is a fraction of it. The estimate fits an Arps decline curve to the production KONE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KONE is an estimate of value, not an offer and not an appraisal.
- How much income does KONE generate in a year?
- KONE is forecast to net about $28.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KONE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Murphy Expl. & Prod. Co. - USA |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 15474 |
| Wellbores | 91 |
| Reported production | 19,970,142 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $83.3M |
Where KONE 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.