NED KELLEY (ALLOCATION)
NED KELLEY (ALLOCATION) is a Texas oil lease in Madison County, Railroad Commission district 03, operated by MD America Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 141,027 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 $685K, with roughly $234K 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 392 barrels a month. Its strongest month on the record we hold was August 2018, at 11,635 barrels. 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 NED KELLEY (ALLOCATION)
- Who operates NED KELLEY (ALLOCATION)?
- NED KELLEY (ALLOCATION) is operated by MD America Energy, LLC, Railroad Commission of Texas operator number 556481.
- Where is NED KELLEY (ALLOCATION)?
- NED KELLEY (ALLOCATION) is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27613.
- Is NED KELLEY (ALLOCATION) still producing?
- NED KELLEY (ALLOCATION) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NED KELLEY (ALLOCATION) is August 2026.
- How much has NED KELLEY (ALLOCATION) produced?
- NED KELLEY (ALLOCATION) has reported 141,027 barrels of oil (bbl) to the Railroad Commission of Texas between July 2018 and August 2026, from 1 wellbore.
- How much is NED KELLEY (ALLOCATION) worth?
- The remaining production from NED KELLEY (ALLOCATION) is estimated to be worth about $685K in total as of 26 August 2026, within a range of $534K to $836K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NED KELLEY (ALLOCATION) is a fraction of it. The estimate fits an Arps decline curve to the production NED KELLEY (ALLOCATION) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NED KELLEY (ALLOCATION) is an estimate of value, not an offer and not an appraisal.
- How much income does NED KELLEY (ALLOCATION) generate in a year?
- NED KELLEY (ALLOCATION) is forecast to net about $234K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NED KELLEY (ALLOCATION) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MD America Energy, LLC |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 27613 |
| Wellbores | 1 |
| Reported production | 141,027 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $685K |
Where NED KELLEY (ALLOCATION) 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.