KELLEY GAS UNIT
KELLEY GAS UNIT is a Texas gas lease in Parker County, Railroad Commission district 7B, operated by Spindletop Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 879,768 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 $115K, with roughly $21K 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 1,048 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 3,514 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 KELLEY GAS UNIT
- Who operates KELLEY GAS UNIT?
- KELLEY GAS UNIT is operated by Spindletop Oil & Gas Company, Railroad Commission of Texas operator number 809930.
- Where is KELLEY GAS UNIT?
- KELLEY GAS UNIT is a Texas gas lease in Parker County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 084183.
- Is KELLEY GAS UNIT still producing?
- KELLEY GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KELLEY GAS UNIT is August 2026.
- How much has KELLEY GAS UNIT produced?
- KELLEY GAS UNIT has reported 879,768 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is KELLEY GAS UNIT worth?
- The remaining production from KELLEY GAS UNIT is estimated to be worth about $115K in total as of 27 August 2026, within a range of $95K to $134K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KELLEY GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KELLEY 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 KELLEY GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KELLEY GAS UNIT generate in a year?
- KELLEY GAS UNIT is forecast to net about $21K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KELLEY GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Spindletop Oil & Gas Company |
|---|---|
| Field | Males (4300) |
| County | Parker County, Texas |
| RRC district | 7B |
| Lease number | 084183 |
| Wellbores | 1 |
| Reported production | 879,768 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $115K |
Where KELLEY 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.