KEELING, RUBY
KEELING, RUBY is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Heydrick Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 17,842 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 $40K, with roughly $8K 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 12 barrels a month. Its strongest month on the record we hold was December 2017, at 127 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 KEELING, RUBY
- Who operates KEELING, RUBY?
- KEELING, RUBY is operated by Heydrick Petroleum Company, Railroad Commission of Texas operator number 383199.
- Where is KEELING, RUBY?
- KEELING, RUBY is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 11753.
- Is KEELING, RUBY still producing?
- KEELING, RUBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEELING, RUBY is August 2026.
- How much has KEELING, RUBY produced?
- KEELING, RUBY has reported 17,842 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is KEELING, RUBY worth?
- The remaining production from KEELING, RUBY is estimated to be worth about $40K in total as of 26 August 2026, within a range of $22K to $58K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEELING, RUBY is a fraction of it. The estimate fits an Arps decline curve to the production KEELING, RUBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEELING, RUBY is an estimate of value, not an offer and not an appraisal.
- How much income does KEELING, RUBY generate in a year?
- KEELING, RUBY is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KEELING, RUBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Heydrick Petroleum Company |
|---|---|
| Field | Clay County Regular |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 11753 |
| Wellbores | 1 |
| Reported production | 17,842 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $40K |
Where KEELING, RUBY 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.