KOENIG
KOENIG is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2000 to August 2026, totalling 743,523 thousand cubic feet. 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 $30K, with roughly $6K 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 284 thousand cubic feet a month. Its strongest month on the record we hold was April 2019, at 1,322 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 KOENIG
- Who operates KOENIG?
- KOENIG is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is KOENIG?
- KOENIG is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 178016.
- Is KOENIG still producing?
- KOENIG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KOENIG is August 2026.
- How much has KOENIG produced?
- KOENIG has reported 743,523 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2000 and August 2026, from 1 wellbore.
- How much is KOENIG worth?
- The remaining production from KOENIG is estimated to be worth about $30K in total as of 26 August 2026, within a range of $24K to $37K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KOENIG is a fraction of it. The estimate fits an Arps decline curve to the production KOENIG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KOENIG is an estimate of value, not an offer and not an appraisal.
- How much income does KOENIG generate in a year?
- KOENIG is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KOENIG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 178016 |
| Wellbores | 1 |
| Reported production | 743,523 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $30K |
Where KOENIG 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.