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Texas oil lease

Producing

KELTON

Kelton is an oil lease in Wheeler County, Texas, operated by King Operating Corporation in the Mills Ranch (Granite Wash Cons.) field.

1 well

252bbl oil, last 12 months−42% vs prior year
Operator
King Operating Corporation
County
Wheeler County
Field
Mills Ranch (Granite Wash Cons.)
RRC lease
10-08170

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Where it sits

This county

Wheeler CountyWheelerGrayHemphillRobertsWheeler County
Wheeler County
Gas, last 12 months
18,525 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for KELTON, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 252 bbl in the 12 months through Jul 2026, against 438 bbl in the 12 months before.Last 12 months: 252 bblbbl per monthmcf per month00505001001,0001501,5002002,0002502,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for KELTON, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 252 bbl in the 12 months through Jul 2026, against 438 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505001001,0001501,5002002,0002502,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of KELTON gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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 transmission line in the last 12 monthsShare of KELTON gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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.

Who has run this lease

The operator changed once, most recently in Apr 2021

Operators of this lease over timeH & L Operating Co., LLC, Jan 2020 to Mar 2021; King Operating Corporation, Apr 2021 to Jul 20262020202120222023202420252026Changed Apr 2021H & L Operating Co., LLCJan 2020 to Mar 2021King Operating CorporationApr 2021 to now
Operators of this lease over timeH & L Operating Co., LLC, Jan 2020 to Mar 2021; King Operating Corporation, Apr 2021 to Jul 20262020202120222023202420252026Changed Apr 2021H & L Operating Co., LLCJan 2020 to Mar 2021King Operating CorporationApr 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on KELTON
API numberWell no.Status
42-483-310152Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Oct 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2023–
Enable Midstream Partners, LPCasinghead gasGathers100Dec 1, 2013Oct 1, 2023
Production Gathering Company, LPCasinghead gasBuys100Mar 1, 2010Oct 1, 2023
Eastex Crude CompanyOilGathers100Mar 1, 2010Oct 1, 2023

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

Who buys my oilOil price check

320 acres on the newest permit

Permits for Kelton
API numberWell no.Acreson the permit
42-483-310152320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for KELTON
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026King Operating001,4491,4490$80.46$2.89
Jun 2026King Operating001,5861,5860$84.81$3.15
May 2026King Operating001,7181,7180$102.13$2.94
Apr 2026King Operating001,2701,2700$100.32$2.77
Mar 2026King Operating001,6451,6450$91.38$3.04
Feb 2026King Operating001,1641,1640$64.51$3.62
Jan 2026King Operating1201,1741,1740$60.04$7.72
Dec 2025King Operating4201,2161,2160$57.97$4.26
Nov 2025King Operating5001,7291,7290$60.06$3.79
Oct 2025King Operating5101,8871,8870$60.89$3.19
Sep 2025King Operating5202,0122,0120$63.96$2.97
Aug 2025King Operating4501,6751,6750$64.86$2.91
Jul 2025King Operating3201,3361,3360$68.39$3.20
Jun 2025King Operating804394390$68.17$3.02
May 2025King Operating00000$62.17$3.12
Apr 2025King Operating5092920$63.54$3.42
Mar 2025King Operating142271,9341,9340$68.24$4.12
Feb 2025King Operating75751,5041,5040$71.53$4.19
Jan 2025King Operating0025250$75.74$4.13
Dec 2024King Operating00000$70.12$3.01
Nov 2024King Operating3501,1881,1880$69.95$2.12
Oct 2024King Operating671362,3662,3660$71.99$2.20
Sep 2024King Operating3701,0491,0490$70.24$2.28
Aug 2024King Operating372597247240$76.68$1.99
Jul 2024King Operating001,5361,5360$81.80$2.07
Jun 2024King Operating4082820$79.77$2.54
May 2024King Operating5601,5731,5730$80.02$2.12
Apr 2024King Operating2502,0412,0410$85.35$1.60
Mar 2024King Operating1801,5641,5640$81.28$1.49
Feb 2024King Operating1201,1091,1090$77.25$1.72
Jan 2024King Operating1401,4161,4160$74.15$3.18
Dec 2023King Operating001,5421,5420$71.90$2.52
Nov 2023King Operating001,4681,4680$77.69$2.71
Oct 2023King Operating1601601,1221,1220$85.64$2.98
Sep 2023King Operating007157150$89.43$2.64
Aug 2023King Operating706326320$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorKing Operating CorporationFieldMills Ranch (Granite Wash Cons.)CountyWheeler County

King Operating Corporation in Wheeler County

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Mills Ranch (Granite Wash Cons.) field

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