CHESSON -A-
CHESSON -A- is a Texas oil lease in Orange County, Railroad Commission district 03, operated by Kilmarnock Oil Company, Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 45,601 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 $148K, with roughly $29K 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 46 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was July 2023, at 270 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 CHESSON -A-
- Who operates CHESSON -A-?
- CHESSON -A- is operated by Kilmarnock Oil Company, Inc., Railroad Commission of Texas operator number 461211.
- Where is CHESSON -A-?
- CHESSON -A- is a Texas oil lease in Orange County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 03275.
- Is CHESSON -A- still producing?
- CHESSON -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHESSON -A- is August 2026.
- How much has CHESSON -A- produced?
- CHESSON -A- has reported 45,601 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is CHESSON -A- worth?
- The remaining production from CHESSON -A- is estimated to be worth about $148K in total as of 26 August 2026, within a range of $82K to $215K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHESSON -A- is a fraction of it. The estimate fits an Arps decline curve to the production CHESSON -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHESSON -A- is an estimate of value, not an offer and not an appraisal.
- How much income does CHESSON -A- generate in a year?
- CHESSON -A- is forecast to net about $29K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHESSON -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kilmarnock Oil Company, Inc. |
|---|---|
| Field | Orange |
| County | Orange County, Texas |
| RRC district | 03 |
| Lease number | 03275 |
| Wellbores | 4 |
| Reported production | 45,601 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $148K |
Where CHESSON -A- 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.