KENNEDY, W. J.
KENNEDY, W. J. is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Marshall Pipe & Supply Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 40,435 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 $573K, with roughly $110K 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 91 barrels a month, about 45 per wellbore. Its strongest month on the record we hold was May 2016, at 210 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 KENNEDY, W. J.
- Who operates KENNEDY, W. J.?
- KENNEDY, W. J. is operated by Marshall Pipe & Supply Co., Railroad Commission of Texas operator number 527820.
- Where is KENNEDY, W. J.?
- KENNEDY, W. J. is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 14312.
- Is KENNEDY, W. J. still producing?
- KENNEDY, W. J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KENNEDY, W. J. is August 2026.
- How much has KENNEDY, W. J. produced?
- KENNEDY, W. J. has reported 40,435 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is KENNEDY, W. J. worth?
- The remaining production from KENNEDY, W. J. is estimated to be worth about $573K in total as of 27 August 2026, within a range of $315K to $831K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KENNEDY, W. J. is a fraction of it. The estimate fits an Arps decline curve to the production KENNEDY, W. J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KENNEDY, W. J. is an estimate of value, not an offer and not an appraisal.
- How much income does KENNEDY, W. J. generate in a year?
- KENNEDY, W. J. is forecast to net about $110K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KENNEDY, W. J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marshall Pipe & Supply Co. |
|---|---|
| Field | Montague County Regular |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 14312 |
| Wellbores | 2 |
| Reported production | 40,435 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $573K |
Where KENNEDY, W. 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.