KMA UNIT
KMA UNIT is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Stephens & Johnson Operating Co. It has 43 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 173,161 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 $425K, with roughly $82K 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 185 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was March 2017, at 842 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 KMA UNIT
- Who operates KMA UNIT?
- KMA UNIT is operated by Stephens & Johnson Operating Co., Railroad Commission of Texas operator number 817555.
- Where is KMA UNIT?
- KMA UNIT is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 12561.
- Is KMA UNIT still producing?
- KMA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KMA UNIT is August 2026.
- How much has KMA UNIT produced?
- KMA UNIT has reported 173,161 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 43 wellbores.
- How much is KMA UNIT worth?
- The remaining production from KMA UNIT is estimated to be worth about $425K in total as of 27 August 2026, within a range of $332K to $519K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KMA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KMA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KMA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KMA UNIT generate in a year?
- KMA UNIT is forecast to net about $82K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KMA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens & Johnson Operating Co. |
|---|---|
| Field | K-M-A |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 12561 |
| Wellbores | 43 |
| Reported production | 173,161 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $425K |
Where KMA UNIT 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.