KELLY 35
KELLY 35 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 340,303 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 $37K, with roughly $6K 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 273 thousand cubic feet a month. Its strongest month on the record we hold was February 2022, at 522 thousand cubic feet. 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 KELLY 35
- Who operates KELLY 35?
- KELLY 35 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is KELLY 35?
- KELLY 35 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 137104.
- Is KELLY 35 still producing?
- KELLY 35 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KELLY 35 is August 2026.
- How much has KELLY 35 produced?
- KELLY 35 has reported 340,303 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is KELLY 35 worth?
- The remaining production from KELLY 35 is estimated to be worth about $37K in total as of 26 August 2026, within a range of $29K to $46K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KELLY 35 is a fraction of it. The estimate fits an Arps decline curve to the production KELLY 35 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KELLY 35 is an estimate of value, not an offer and not an appraisal.
- How much income does KELLY 35 generate in a year?
- KELLY 35 is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KELLY 35 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 137104 |
| Wellbores | 1 |
| Reported production | 340,303 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $37K |
Where KELLY 35 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.