KEETON
KEETON is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Patina Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 2004 to August 2026, totalling 630,258 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 $103K, with roughly $16K 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 728 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 2,094 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 KEETON
- Who operates KEETON?
- KEETON is operated by Patina Oil & Gas Corporation, Railroad Commission of Texas operator number 643306.
- Where is KEETON?
- KEETON is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 205870.
- Is KEETON still producing?
- KEETON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEETON is August 2026.
- How much has KEETON produced?
- KEETON has reported 630,258 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2004 and August 2026, from 1 wellbore.
- How much is KEETON worth?
- The remaining production from KEETON is estimated to be worth about $103K in total as of 27 August 2026, within a range of $80K to $125K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEETON is a fraction of it. The estimate fits an Arps decline curve to the production KEETON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEETON is an estimate of value, not an offer and not an appraisal.
- How much income does KEETON generate in a year?
- KEETON is forecast to net about $16K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KEETON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patina Oil & Gas Corporation |
|---|---|
| Field | Buffalo Wallow (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 205870 |
| Wellbores | 1 |
| Reported production | 630,258 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $103K |
Where KEETON 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.