KRONOS SECTION 4 UNIT

KRONOS SECTION 4 UNIT is a Texas oil lease in Kent County, Railroad Commission district 8A, operated by West Texas Oil And Gas Oper.,Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2022 to August 2026, totalling 22,542 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 $1.2M, with roughly $310K 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 457 barrels a month. Its strongest month on the record we hold was July 2022, at 1,208 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 KRONOS SECTION 4 UNIT

Who operates KRONOS SECTION 4 UNIT?
KRONOS SECTION 4 UNIT is operated by West Texas Oil And Gas Oper.,Inc, Railroad Commission of Texas operator number 910335.
Where is KRONOS SECTION 4 UNIT?
KRONOS SECTION 4 UNIT is a Texas oil lease in Kent County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71234.
Is KRONOS SECTION 4 UNIT still producing?
KRONOS SECTION 4 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KRONOS SECTION 4 UNIT is August 2026.
How much has KRONOS SECTION 4 UNIT produced?
KRONOS SECTION 4 UNIT has reported 22,542 barrels of oil (bbl) to the Railroad Commission of Texas between May 2022 and August 2026, from 1 wellbore.
How much is KRONOS SECTION 4 UNIT worth?
The remaining production from KRONOS SECTION 4 UNIT is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $965K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KRONOS SECTION 4 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KRONOS SECTION 4 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KRONOS SECTION 4 UNIT is an estimate of value, not an offer and not an appraisal.
How much income does KRONOS SECTION 4 UNIT generate in a year?
KRONOS SECTION 4 UNIT is forecast to net about $310K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KRONOS SECTION 4 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

KRONOS SECTION 4 UNIT as filed with the Railroad Commission of Texas
OperatorWest Texas Oil And Gas Oper.,Inc
FieldClairemont, East (Strawn)
CountyKent County, Texas
RRC district8A
Lease number71234
Wellbores1
Reported production22,542 bbl
First reported
Last reported
Estimated royalty value$1.2M

Where KRONOS SECTION 4 UNIT 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.