KEELAND GAS UNIT
KEELAND GAS UNIT is a Texas gas lease in Jefferson County, Railroad Commission district 03, operated by Samson Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 2,248,854 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 $3.7M, with roughly $788K 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 6,770 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 50,608 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 KEELAND GAS UNIT
- Who operates KEELAND GAS UNIT?
- KEELAND GAS UNIT is operated by Samson Exploration, LLC, Railroad Commission of Texas operator number 744835.
- Where is KEELAND GAS UNIT?
- KEELAND GAS UNIT is a Texas gas lease in Jefferson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 280482.
- Is KEELAND GAS UNIT still producing?
- KEELAND GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEELAND GAS UNIT is August 2026.
- How much has KEELAND GAS UNIT produced?
- KEELAND GAS UNIT has reported 2,248,854 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
- How much is KEELAND GAS UNIT worth?
- The remaining production from KEELAND GAS UNIT is estimated to be worth about $3.7M in total as of 27 August 2026, within a range of $3.1M to $4.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEELAND GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KEELAND GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEELAND GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KEELAND GAS UNIT generate in a year?
- KEELAND GAS UNIT is forecast to net about $788K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KEELAND GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samson Exploration, LLC |
|---|---|
| Field | Claude Watts (Yegua 12600) |
| County | Jefferson County, Texas |
| RRC district | 03 |
| Lease number | 280482 |
| Wellbores | 1 |
| Reported production | 2,248,854 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where KEELAND GAS 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.