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Royalty Clerk

Texas oil lease

Producing

KELLY RANCH 'M'

Kelly Ranch 'M' is an oil lease in Stephens County, Texas, operated by Delta Oil & Gas Ltd. in the Link Ranch (Caddo) field.

1 well

368bbl oil, last 12 months−27% vs prior year
RRC lease
7B-31686

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County
Gas, last 12 months
9,574 mcf
Oil in Jul 2026
29 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for KELLY RANCH 'M', Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 368 bbl in the 12 months through Jul 2026, against 507 bbl in the 12 months before.Last 12 months: 368 bblbbl per monthmcf per month002520050400756001008001251,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for KELLY RANCH 'M', Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 368 bbl in the 12 months through Jul 2026, against 507 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002520050400756001008001251,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of KELLY RANCH 'M' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of KELLY RANCH 'M' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on KELLY RANCH 'M'
API numberWell no.Status
42-429-368961Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Oct 2, 2014–
Colt G & P (North Texas) L.p.Casinghead gasBuys100Oct 1, 2020–
Colt Gathering (North Texas)l.p.Casinghead gasGathers100Oct 1, 2020–
Midcoast Gathering (N Tx) L.p.Casinghead gasGathers100Oct 1, 2018Oct 1, 2020
Midcoast G & P (North Texas)l.p.Casinghead gasBuys100Oct 1, 2018Oct 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

640 acres on the newest permit

Permits for Kelly Ranch 'M'
API numberWell no.Acreson the permit
42-429-368961640

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for KELLY RANCH 'M'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262908008000$80.46$2.89
Jun 202635967647640$84.81$3.15
May 20263508048040$102.13$2.94
Apr 20262307777770$100.32$2.77
Mar 2026351688098090$91.38$3.04
Feb 20262407087080$64.51$3.62
Jan 20263008458450$60.04$7.72
Dec 20253008178170$57.97$4.26
Nov 20253408008000$60.06$3.79
Oct 20252708188180$60.89$3.19
Sep 2025211667967960$63.96$2.97
Aug 20254508368360$64.86$2.91
Jul 20253508568560$68.39$3.20
Jun 20253608488480$68.17$3.02
May 20253608718710$62.17$3.12
Apr 2025341668468460$63.54$3.42
Mar 20254508748740$68.24$4.12
Feb 20253507997990$71.53$4.19
Jan 20253608908900$75.74$4.13
Dec 2024381638758750$70.12$3.01
Nov 20243408628620$69.95$2.12
Oct 202411008898890$71.99$2.20
Sep 2024331668408400$70.24$2.28
Aug 20243508718710$76.68$1.99
Jul 20242008888880$81.80$2.07
Jun 20249808428420$79.77$2.54
May 202461638778770$80.02$2.12
Apr 20243008668660$85.35$1.60
Mar 20242508958950$81.28$1.49
Feb 20241807967960$77.25$1.72
Jan 20242908638630$74.15$3.18
Dec 2023371658888880$71.90$2.52
Nov 20232408258250$77.69$2.71
Oct 20233908878870$85.64$2.98
Sep 20235407947940$89.43$2.64
Aug 20234208688680$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Link Ranch (Caddo) field

No other producing leases in this field are in our data yet.

Leases within 10 km

New drilling permits in Stephens County

Newest in the county: this lease has no coordinates.