WELLS UNIT
WELLS UNIT is a Texas oil lease in Hardeman County, Railroad Commission district 09, operated by Key Energy Of Colorado, Inc. It has 3 wellbores on file with the Commission. Reported production runs from August 1998 to August 2026, totalling 302,458 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 $6K, with roughly $1K expected over the next twelve months.
| Operator | Key Energy Of Colorado, Inc. |
|---|---|
| Field | Groesbeck Creek (Chappel) |
| County | Hardeman County, Texas |
| RRC district | 09 |
| Lease number | 29565 |
| Wellbores | 3 |
| Reported production | 302,458 bbl |
| First reported | August 1998 |
| Last reported | August 2026 |
| Estimated royalty value | $6K |
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.