R. J. KELLY 427
R. J. KELLY 427 is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Delta Oil & Gas Ltd. It has 1 wellbore on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 42,757 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 $385K, with roughly $68K 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 80 barrels a month. Its strongest month on the record we hold was November 2017, at 322 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 R. J. KELLY 427
- Who operates R. J. KELLY 427?
- R. J. KELLY 427 is operated by Delta Oil & Gas Ltd., Railroad Commission of Texas operator number 213703.
- Where is R. J. KELLY 427?
- R. J. KELLY 427 is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30886.
- Is R. J. KELLY 427 still producing?
- R. J. KELLY 427 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for R. J. KELLY 427 is August 2026.
- How much has R. J. KELLY 427 produced?
- R. J. KELLY 427 has reported 42,757 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 1 wellbore.
- How much is R. J. KELLY 427 worth?
- The remaining production from R. J. KELLY 427 is estimated to be worth about $385K in total as of 27 August 2026, within a range of $212K to $558K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in R. J. KELLY 427 is a fraction of it. The estimate fits an Arps decline curve to the production R. J. KELLY 427 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for R. J. KELLY 427 is an estimate of value, not an offer and not an appraisal.
- How much income does R. J. KELLY 427 generate in a year?
- R. J. KELLY 427 is forecast to net about $68K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in R. J. KELLY 427 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Delta Oil & Gas Ltd. |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 30886 |
| Wellbores | 1 |
| Reported production | 42,757 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $385K |
Where R. J. KELLY 427 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.