DUKE-KEATHLY
DUKE-KEATHLY is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Russell, T. Operating Inc. It has 5 wellbores on file with the Commission. Reported production runs from June 1993 to August 2026, totalling 417,423 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 $1.4M, with roughly $325K 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 505 barrels a month, about 101 per wellbore. Its strongest month on the record we hold was May 2018, at 814 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 DUKE-KEATHLY
- Who operates DUKE-KEATHLY?
- DUKE-KEATHLY is operated by Russell, T. Operating Inc., Railroad Commission of Texas operator number 737140.
- Where is DUKE-KEATHLY?
- DUKE-KEATHLY is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 26929.
- Is DUKE-KEATHLY still producing?
- DUKE-KEATHLY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUKE-KEATHLY is August 2026.
- How much has DUKE-KEATHLY produced?
- DUKE-KEATHLY has reported 417,423 barrels of oil (bbl) to the Railroad Commission of Texas between June 1993 and August 2026, from 5 wellbores.
- How much is DUKE-KEATHLY worth?
- The remaining production from DUKE-KEATHLY is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUKE-KEATHLY is a fraction of it. The estimate fits an Arps decline curve to the production DUKE-KEATHLY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUKE-KEATHLY is an estimate of value, not an offer and not an appraisal.
- How much income does DUKE-KEATHLY generate in a year?
- DUKE-KEATHLY is forecast to net about $325K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DUKE-KEATHLY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Russell, T. Operating Inc. |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 26929 |
| Wellbores | 5 |
| Reported production | 417,423 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where DUKE-KEATHLY 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.