KEEN, J. E.
KEEN, J. E. is a Texas oil lease in Young County, Railroad Commission district 09, operated by Craig, Bob. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 18,343 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 $14K, with roughly $3K 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 3 barrels a month. Its strongest month on the record we hold was June 2023, at 34 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 KEEN, J. E.
- Who operates KEEN, J. E.?
- KEEN, J. E. is operated by Craig, Bob, Railroad Commission of Texas operator number 186450.
- Where is KEEN, J. E.?
- KEEN, J. E. is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 07534.
- Is KEEN, J. E. still producing?
- KEEN, J. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEEN, J. E. is August 2026.
- How much has KEEN, J. E. produced?
- KEEN, J. E. has reported 18,343 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
- How much is KEEN, J. E. worth?
- The remaining production from KEEN, J. E. is estimated to be worth about $14K in total as of 26 August 2026, within a range of $0 to $29K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEEN, J. E. is a fraction of it. The estimate fits an Arps decline curve to the production KEEN, J. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEEN, J. E. is an estimate of value, not an offer and not an appraisal.
- How much income does KEEN, J. E. generate in a year?
- KEEN, J. E. is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KEEN, J. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Craig, Bob |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 07534 |
| Wellbores | 10 |
| Reported production | 18,343 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where KEEN, J. E. 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.