KELLY ESTATE
KELLY ESTATE is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Swanson, Tommy Oil Company, Inc. It has 5 wellbores on file with the Commission. Reported production runs from December 2009 to August 2026, totalling 38,092 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 $253K, with roughly $49K 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 65 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was October 2019, at 468 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 ESTATE
- Who operates KELLY ESTATE?
- KELLY ESTATE is operated by Swanson, Tommy Oil Company, Inc., Railroad Commission of Texas operator number 832827.
- Where is KELLY ESTATE?
- KELLY ESTATE is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31571.
- Is KELLY ESTATE still producing?
- KELLY ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KELLY ESTATE is August 2026.
- How much has KELLY ESTATE produced?
- KELLY ESTATE has reported 38,092 barrels of oil (bbl) to the Railroad Commission of Texas between December 2009 and August 2026, from 5 wellbores.
- How much is KELLY ESTATE worth?
- The remaining production from KELLY ESTATE is estimated to be worth about $253K in total as of 26 August 2026, within a range of $139K to $367K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KELLY ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production KELLY ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KELLY ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does KELLY ESTATE generate in a year?
- KELLY ESTATE is forecast to net about $49K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KELLY ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Swanson, Tommy Oil Company, Inc. |
|---|---|
| Field | National (Ellenburger) |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 31571 |
| Wellbores | 5 |
| Reported production | 38,092 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $253K |
Where KELLY ESTATE 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.