AKIN, J. W.
AKIN, J. W. is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Amoco Production Company. It has 21 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 749,828 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 $914K, with roughly $203K 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 331 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was January 2018, at 539 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.
- Who operates AKIN, J. W.?
- AKIN, J. W. is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is AKIN, J. W.?
- AKIN, J. W. is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07485.
- Is AKIN, J. W. still producing?
- AKIN, J. W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AKIN, J. W. is August 2026.
- How much has AKIN, J. W. produced?
- AKIN, J. W. has reported 749,828 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 21 wellbores.
- How much is AKIN, J. W. worth?
- The remaining production from AKIN, J. W. is estimated to be worth about $914K in total as of 27 August 2026, within a range of $713K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AKIN, J. W. is a fraction of it. The estimate fits an Arps decline curve to the production AKIN, J. W. 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. is an estimate of value, not an offer and not an appraisal.
- How much income does AKIN, J. W. generate in a year?
- AKIN, J. W. is forecast to net about $203K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in AKIN, J. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 07485 |
| Wellbores | 21 |
| Reported production | 749,828 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $914K |
Where AKIN, J. W. 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.