KELLEY

KELLEY is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Pitts Energy Co. It has 2 wellbores on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 44,438 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $42K, with roughly $9K expected over the next twelve months.

OperatorPitts Energy Co.
FieldCollie (Delaware)
CountyWard County, Texas
RRC district08
Lease number53409
Wellbores2
Reported production44,438 bbl
First reportedFebruary 2020
Last reportedAugust 2026
Estimated royalty value$42K

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.