KELLEY STATE 22
KELLEY STATE 22 is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Brigham Resources Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 772,561 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 $9.4M, with roughly $2.1M 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 3,048 barrels a month, about 1,524 per wellbore. Its strongest month on the record we hold was June 2017, at 29,987 barrels. 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 STATE 22
- Who operates KELLEY STATE 22?
- KELLEY STATE 22 is operated by Brigham Resources Operating, LLC, Railroad Commission of Texas operator number 092850.
- Where is KELLEY STATE 22?
- KELLEY STATE 22 is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47877.
- Is KELLEY STATE 22 still producing?
- KELLEY STATE 22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KELLEY STATE 22 is August 2026.
- How much has KELLEY STATE 22 produced?
- KELLEY STATE 22 has reported 772,561 barrels of oil (bbl) to the Railroad Commission of Texas between January 2016 and August 2026, from 2 wellbores.
- How much is KELLEY STATE 22 worth?
- The remaining production from KELLEY STATE 22 is estimated to be worth about $9.4M in total as of 27 August 2026, within a range of $7.8M to $11.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KELLEY STATE 22 is a fraction of it. The estimate fits an Arps decline curve to the production KELLEY STATE 22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KELLEY STATE 22 is an estimate of value, not an offer and not an appraisal.
- How much income does KELLEY STATE 22 generate in a year?
- KELLEY STATE 22 is forecast to net about $2.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KELLEY STATE 22 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brigham Resources Operating, LLC |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 47877 |
| Wellbores | 2 |
| Reported production | 772,561 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.4M |
Where KELLEY STATE 22 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.