EUBANK-KELLY
EUBANK-KELLY is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Gray-Tex Prod. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,357 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 $18K, 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 4 barrels a month. Its strongest month on the record we hold was December 2017, at 14 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 EUBANK-KELLY
- Who operates EUBANK-KELLY?
- EUBANK-KELLY is operated by Gray-Tex Prod., Railroad Commission of Texas operator number 328352.
- Where is EUBANK-KELLY?
- EUBANK-KELLY is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 16108.
- Is EUBANK-KELLY still producing?
- EUBANK-KELLY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EUBANK-KELLY is August 2026.
- How much has EUBANK-KELLY produced?
- EUBANK-KELLY has reported 8,357 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is EUBANK-KELLY worth?
- The remaining production from EUBANK-KELLY is estimated to be worth about $18K in total as of 27 August 2026, within a range of $0 to $35K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EUBANK-KELLY is a fraction of it. The estimate fits an Arps decline curve to the production EUBANK-KELLY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EUBANK-KELLY is an estimate of value, not an offer and not an appraisal.
- How much income does EUBANK-KELLY generate in a year?
- EUBANK-KELLY is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EUBANK-KELLY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gray-Tex Prod. |
|---|---|
| Field | Sharon Ridge (1700) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 16108 |
| Wellbores | 1 |
| Reported production | 8,357 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where EUBANK-KELLY 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.