KNOX, J.
KNOX, J. is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Rme Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2000 to August 2026, totalling 48,071 barrels. The lease is shut in. 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 $283K, with roughly $36K 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 1 barrels a month. Its strongest month on the record we hold was January 2018, at 117 barrels.
Key facts about KNOX, J.
- Who operates KNOX, J.?
- KNOX, J. is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is KNOX, J.?
- KNOX, J. is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24037.
- Is KNOX, J. still producing?
- KNOX, J. is shut in. The most recent month of production reported to the Railroad Commission of Texas for KNOX, J. is August 2026.
- How much has KNOX, J. produced?
- KNOX, J. has reported 48,071 barrels of oil (bbl) to the Railroad Commission of Texas between December 2000 and August 2026, from 1 wellbore.
- How much is KNOX, J. worth?
- The remaining production from KNOX, J. is estimated to be worth about $283K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KNOX, J. is a fraction of it. The estimate fits an Arps decline curve to the production KNOX, J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KNOX, J. is an estimate of value, not an offer and not an appraisal.
- How much income does KNOX, J. generate in a year?
- KNOX, J. is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KNOX, J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rme Petroleum Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 24037 |
| Wellbores | 1 |
| Reported production | 48,071 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $283K |
Where KNOX, J. 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.