KELLY UNIT
KELLY UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 7 wellbores on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 2,613,674 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 $21.5M, with roughly $6.7M 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 10,218 barrels a month, about 1,460 per wellbore. Its strongest month on the record we hold was April 2019, at 91,752 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 UNIT
- Who operates KELLY UNIT?
- KELLY UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is KELLY UNIT?
- KELLY UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17420.
- Is KELLY UNIT still producing?
- KELLY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KELLY UNIT is August 2026.
- How much has KELLY UNIT produced?
- KELLY UNIT has reported 2,613,674 barrels of oil (bbl) to the Railroad Commission of Texas between March 2013 and August 2026, from 7 wellbores.
- How much is KELLY UNIT worth?
- The remaining production from KELLY UNIT is estimated to be worth about $21.5M in total as of 27 August 2026, within a range of $17.7M to $25.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KELLY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KELLY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KELLY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KELLY UNIT generate in a year?
- KELLY UNIT is forecast to net about $6.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KELLY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 17420 |
| Wellbores | 7 |
| Reported production | 2,613,674 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21.5M |
Where KELLY UNIT 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.