KIM
KIM is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Patterson Petroleum, Inc. It has 4 wellbores on file with the Commission. Reported production runs from August 1999 to August 2026, totalling 538,797 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 $1.4M, with roughly $308K 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 467 barrels a month, about 117 per wellbore. Its strongest month on the record we hold was April 2017, at 1,201 barrels. 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 KIM
- Who operates KIM?
- KIM is operated by Patterson Petroleum, Inc., Railroad Commission of Texas operator number 643392.
- Where is KIM?
- KIM is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68115.
- Is KIM still producing?
- KIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KIM is August 2026.
- How much has KIM produced?
- KIM has reported 538,797 barrels of oil (bbl) to the Railroad Commission of Texas between August 1999 and August 2026, from 4 wellbores.
- How much is KIM worth?
- The remaining production from KIM is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KIM is a fraction of it. The estimate fits an Arps decline curve to the production KIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KIM is an estimate of value, not an offer and not an appraisal.
- How much income does KIM generate in a year?
- KIM is forecast to net about $308K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patterson Petroleum, Inc. |
|---|---|
| Field | Happy (Spraberry Lime) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 68115 |
| Wellbores | 4 |
| Reported production | 538,797 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where KIM 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.