KEY -11-
KEY -11- is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Enron Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from December 1996 to August 2026, totalling 299,903 thousand cubic feet. The lease is intermittent. 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 $65K, with roughly $11K 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 278 thousand cubic feet a month. Its strongest month on the record we hold was May 2018, at 1,353 thousand cubic feet. 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 KEY -11-
- Who operates KEY -11-?
- KEY -11- is operated by Enron Oil & Gas Company, Railroad Commission of Texas operator number 253196.
- Where is KEY -11-?
- KEY -11- is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 163604.
- Is KEY -11- still producing?
- KEY -11- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for KEY -11- is August 2026.
- How much has KEY -11- produced?
- KEY -11- has reported 299,903 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1996 and August 2026, from 1 wellbore.
- How much is KEY -11- worth?
- The remaining production from KEY -11- is estimated to be worth about $65K in total as of 27 August 2026, within a range of $50K to $79K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEY -11- is a fraction of it. The estimate fits an Arps decline curve to the production KEY -11- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEY -11- is an estimate of value, not an offer and not an appraisal.
- How much income does KEY -11- generate in a year?
- KEY -11- is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KEY -11- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enron Oil & Gas Company |
|---|---|
| Field | Allison-Britt (12350) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 163604 |
| Wellbores | 1 |
| Reported production | 299,903 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $65K |
Where KEY -11- 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.