KELLY "B"
KELLY "B" is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Anadarko Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 2,298,882 thousand cubic feet. 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 $445K, with roughly $67K 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 2,509 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 13,185 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 "B"
- Who operates KELLY "B"?
- KELLY "B" is operated by Anadarko Petroleum Corporation, Railroad Commission of Texas operator number 020572.
- Where is KELLY "B"?
- KELLY "B" is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 244700.
- Is KELLY "B" still producing?
- KELLY "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KELLY "B" is August 2026.
- How much has KELLY "B" produced?
- KELLY "B" has reported 2,298,882 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2008 and August 2026, from 1 wellbore.
- How much is KELLY "B" worth?
- The remaining production from KELLY "B" is estimated to be worth about $445K in total as of 26 August 2026, within a range of $369K to $520K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KELLY "B" is a fraction of it. The estimate fits an Arps decline curve to the production KELLY "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KELLY "B" is an estimate of value, not an offer and not an appraisal.
- How much income does KELLY "B" generate in a year?
- KELLY "B" is forecast to net about $67K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KELLY "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko Petroleum Corporation |
|---|---|
| Field | Bear Grass (Cotton Valley Cons) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 244700 |
| Wellbores | 1 |
| Reported production | 2,298,882 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $445K |
Where KELLY "B" 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.