CORNAGIE, FAYE
CORNAGIE, FAYE is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Kennedy & Treadaway. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 129,793 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 $646K, with roughly $124K 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 172 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was May 2016, at 833 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CORNAGIE, FAYE
- Who operates CORNAGIE, FAYE?
- CORNAGIE, FAYE is operated by Kennedy & Treadaway, Railroad Commission of Texas operator number 456456.
- Where is CORNAGIE, FAYE?
- CORNAGIE, FAYE is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 20992.
- Is CORNAGIE, FAYE still producing?
- CORNAGIE, FAYE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORNAGIE, FAYE is August 2026.
- How much has CORNAGIE, FAYE produced?
- CORNAGIE, FAYE has reported 129,793 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 11 wellbores.
- How much is CORNAGIE, FAYE worth?
- The remaining production from CORNAGIE, FAYE is estimated to be worth about $646K in total as of 27 August 2026, within a range of $504K to $788K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORNAGIE, FAYE is a fraction of it. The estimate fits an Arps decline curve to the production CORNAGIE, FAYE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORNAGIE, FAYE is an estimate of value, not an offer and not an appraisal.
- How much income does CORNAGIE, FAYE generate in a year?
- CORNAGIE, FAYE is forecast to net about $124K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CORNAGIE, FAYE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kennedy & Treadaway |
|---|---|
| Field | Ward, South |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 20992 |
| Wellbores | 11 |
| Reported production | 129,793 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $646K |
Where CORNAGIE, FAYE 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.