KAY
KAY is a Texas oil lease in Hutchinson County, Railroad Commission district 10, operated by Cuyahoga Expl. & Devel. Corp. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,078 barrels. The lease is intermittent. 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 $92K, with roughly $18K 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 27 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was April 2021, at 139 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 KAY
- Who operates KAY?
- KAY is operated by Cuyahoga Expl. & Devel. Corp., Railroad Commission of Texas operator number 195832.
- Where is KAY?
- KAY is a Texas oil lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 01048.
- Is KAY still producing?
- KAY is intermittent. The most recent month of production reported to the Railroad Commission of Texas for KAY is August 2026.
- How much has KAY produced?
- KAY has reported 9,078 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is KAY worth?
- The remaining production from KAY is estimated to be worth about $92K in total as of 27 August 2026, within a range of $51K to $133K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KAY is a fraction of it. The estimate fits an Arps decline curve to the production KAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KAY is an estimate of value, not an offer and not an appraisal.
- How much income does KAY generate in a year?
- KAY is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cuyahoga Expl. & Devel. Corp. |
|---|---|
| Field | Panhandle Hutchinson County FLD. |
| County | Hutchinson County, Texas |
| RRC district | 10 |
| Lease number | 01048 |
| Wellbores | 5 |
| Reported production | 9,078 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $92K |
Where KAY 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.