KEENE 181

KEENE 181 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 177,178 thousand cubic feet. 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 $2K, with roughly $223 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 6 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 145 thousand cubic feet. 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 KEENE 181

Who operates KEENE 181?
KEENE 181 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
Where is KEENE 181?
KEENE 181 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 071311.
Is KEENE 181 still producing?
KEENE 181 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEENE 181 is August 2026.
How much has KEENE 181 produced?
KEENE 181 has reported 177,178 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is KEENE 181 worth?
The remaining production from KEENE 181 is estimated to be worth about $2K in total as of 27 August 2026, within a range of $0 to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEENE 181 is a fraction of it. The estimate fits an Arps decline curve to the production KEENE 181 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEENE 181 is an estimate of value, not an offer and not an appraisal.
How much income does KEENE 181 generate in a year?
KEENE 181 is forecast to net about $223 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KEENE 181 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

KEENE 181 as filed with the Railroad Commission of Texas
OperatorAmerican Exploration Company
FieldAldwell Ranch (Canyon)
CountySutton County, Texas
RRC district7C
Lease number071311
Wellbores1
Reported production177,178 mcf
First reported
Last reported
Estimated royalty value$2K

Where KEENE 181 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.