AKIN, J. W. (KM)
AKIN, J. W. (KM) is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Oryx Energy Company. It has 33 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 410,483 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 $918K, with roughly $237K 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 328 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was May 2023, at 488 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 AKIN, J. W. (KM)
- Who operates AKIN, J. W. (KM)?
- AKIN, J. W. (KM) is operated by Oryx Energy Company, Railroad Commission of Texas operator number 627127.
- Where is AKIN, J. W. (KM)?
- AKIN, J. W. (KM) is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08229.
- Is AKIN, J. W. (KM) still producing?
- AKIN, J. W. (KM) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AKIN, J. W. (KM) is August 2026.
- How much has AKIN, J. W. (KM) produced?
- AKIN, J. W. (KM) has reported 410,483 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 33 wellbores.
- How much is AKIN, J. W. (KM) worth?
- The remaining production from AKIN, J. W. (KM) is estimated to be worth about $918K in total as of 27 August 2026, within a range of $716K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AKIN, J. W. (KM) is a fraction of it. The estimate fits an Arps decline curve to the production AKIN, J. W. (KM) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AKIN, J. W. (KM) is an estimate of value, not an offer and not an appraisal.
- How much income does AKIN, J. W. (KM) generate in a year?
- AKIN, J. W. (KM) is forecast to net about $237K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in AKIN, J. W. (KM) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oryx Energy Company |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 08229 |
| Wellbores | 33 |
| Reported production | 410,483 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $918K |
Where AKIN, J. W. (KM) 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.