KELLN 28
KELLN 28 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2015 to August 2026, totalling 289,131 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 $70K, with roughly $27K 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 359 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 7,713 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 KELLN 28
- Who operates KELLN 28?
- KELLN 28 is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is KELLN 28?
- KELLN 28 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 279029.
- Is KELLN 28 still producing?
- KELLN 28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KELLN 28 is August 2026.
- How much has KELLN 28 produced?
- KELLN 28 has reported 289,131 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2015 and August 2026, from 1 wellbore.
- How much is KELLN 28 worth?
- The remaining production from KELLN 28 is estimated to be worth about $70K in total as of 26 August 2026, within a range of $55K to $85K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KELLN 28 is a fraction of it. The estimate fits an Arps decline curve to the production KELLN 28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KELLN 28 is an estimate of value, not an offer and not an appraisal.
- How much income does KELLN 28 generate in a year?
- KELLN 28 is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KELLN 28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 279029 |
| Wellbores | 1 |
| Reported production | 289,131 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $70K |
Where KELLN 28 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.