KEGANS
KEGANS is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Cedar Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 15,152 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 $95K, 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 16 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was March 2017, at 335 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 KEGANS
- Who operates KEGANS?
- KEGANS is operated by Cedar Oil Company, Railroad Commission of Texas operator number 140599.
- Where is KEGANS?
- KEGANS is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31410.
- Is KEGANS still producing?
- KEGANS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEGANS is August 2026.
- How much has KEGANS produced?
- KEGANS has reported 15,152 barrels of oil (bbl) to the Railroad Commission of Texas between October 2013 and August 2026, from 2 wellbores.
- How much is KEGANS worth?
- The remaining production from KEGANS is estimated to be worth about $95K in total as of 26 August 2026, within a range of $52K to $137K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEGANS is a fraction of it. The estimate fits an Arps decline curve to the production KEGANS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEGANS is an estimate of value, not an offer and not an appraisal.
- How much income does KEGANS generate in a year?
- KEGANS is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KEGANS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cedar Oil Company |
|---|---|
| Field | White Flat |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 31410 |
| Wellbores | 2 |
| Reported production | 15,152 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $95K |
Where KEGANS 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.