KKL HC3
KKL HC3 is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Chesapeake Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from July 2022 to August 2026, totalling 492,704 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 $7.5M, with roughly $3.1M 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 5,480 barrels a month. Its strongest month on the record we hold was August 2022, at 30,115 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 KKL HC3
- Who operates KKL HC3?
- KKL HC3 is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is KKL HC3?
- KKL HC3 is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20742.
- Is KKL HC3 still producing?
- KKL HC3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KKL HC3 is August 2026.
- How much has KKL HC3 produced?
- KKL HC3 has reported 492,704 barrels of oil (bbl) to the Railroad Commission of Texas between July 2022 and August 2026, from 1 wellbore.
- How much is KKL HC3 worth?
- The remaining production from KKL HC3 is estimated to be worth about $7.5M in total as of 27 August 2026, within a range of $6.2M to $8.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KKL HC3 is a fraction of it. The estimate fits an Arps decline curve to the production KKL HC3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KKL HC3 is an estimate of value, not an offer and not an appraisal.
- How much income does KKL HC3 generate in a year?
- KKL HC3 is forecast to net about $3.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KKL HC3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 20742 |
| Wellbores | 1 |
| Reported production | 492,704 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.5M |
Where KKL HC3 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.