AKIN
AKIN is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Oxy USA Inc. It has 24 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,653,822 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 $1.6M, with roughly $442K 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 632 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was August 2018, at 1,739 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
- Who operates AKIN?
- AKIN is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is AKIN?
- AKIN is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06352.
- Is AKIN still producing?
- AKIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AKIN is August 2026.
- How much has AKIN produced?
- AKIN has reported 1,653,822 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 24 wellbores.
- How much is AKIN worth?
- The remaining production from AKIN is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AKIN is a fraction of it. The estimate fits an Arps decline curve to the production AKIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AKIN is an estimate of value, not an offer and not an appraisal.
- How much income does AKIN generate in a year?
- AKIN is forecast to net about $442K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in AKIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 06352 |
| Wellbores | 24 |
| Reported production | 1,653,822 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where AKIN 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.