KELLI -B-
KELLI -B- is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 2 wellbores on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 118,720 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 $939K, with roughly $180K 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 252 barrels a month, about 126 per wellbore. Its strongest month on the record we hold was September 2017, at 1,444 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 KELLI -B-
- Who operates KELLI -B-?
- KELLI -B- is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is KELLI -B-?
- KELLI -B- is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43945.
- Is KELLI -B- still producing?
- KELLI -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KELLI -B- is August 2026.
- How much has KELLI -B- produced?
- KELLI -B- has reported 118,720 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 2 wellbores.
- How much is KELLI -B- worth?
- The remaining production from KELLI -B- is estimated to be worth about $939K in total as of 26 August 2026, within a range of $733K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KELLI -B- is a fraction of it. The estimate fits an Arps decline curve to the production KELLI -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KELLI -B- is an estimate of value, not an offer and not an appraisal.
- How much income does KELLI -B- generate in a year?
- KELLI -B- is forecast to net about $180K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KELLI -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 43945 |
| Wellbores | 2 |
| Reported production | 118,720 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $939K |
Where KELLI -B- 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.