KELLY 115
KELLY 115 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 279,721 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 $3K, with roughly $380 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 12 thousand cubic feet a month. Its strongest month on the record we hold was October 2023, at 1,059 thousand cubic feet. 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 KELLY 115
- Who operates KELLY 115?
- KELLY 115 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is KELLY 115?
- KELLY 115 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 066333.
- Is KELLY 115 still producing?
- KELLY 115 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KELLY 115 is August 2026.
- How much has KELLY 115 produced?
- KELLY 115 has reported 279,721 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is KELLY 115 worth?
- The remaining production from KELLY 115 is estimated to be worth about $3K in total as of 27 August 2026, within a range of $2K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KELLY 115 is a fraction of it. The estimate fits an Arps decline curve to the production KELLY 115 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KELLY 115 is an estimate of value, not an offer and not an appraisal.
- How much income does KELLY 115 generate in a year?
- KELLY 115 is forecast to net about $380 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KELLY 115 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 066333 |
| Wellbores | 1 |
| Reported production | 279,721 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where KELLY 115 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.