Kelly Estate Trust

Q: What mineral rights does Kelly Estate Trust own in Stephens County?

Kelly Estate Trust owns 45 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $63,530. These interests include 0 working interest(s) and 42 royalty interest(s) across 40 lease(s).

Q: How can I sell my Stephens County mineral rights?

Buckhead Energy purchases mineral rights directly from owners in Stephens County and throughout the Bend Arch (Fort Worth Basin). We offer fair, competitive prices with no broker fees or commissions. Contact us for a free, no-obligation evaluation of your mineral rights.

Q: Where is Stephens County, Texas?

Stephens County is in North-Central Texas, with Breckenridge as its county seat. It lies on the Bend Arch in the western Fort Worth Basin — a long-producing conventional oil and gas area known for the Caddo, Marble Falls, and shallower pay zones, with production dating back to the 1910s Breckenridge boom.

Q: How much are Stephens County mineral rights worth?

Mineral rights values in Stephens County vary based on factors including current production, lease terms, operator activity, and commodity prices. The Bend Arch is a mature conventional area, so valuations typically reflect long-lived, shallow-decline production. Contact Buckhead Energy for a free, no-obligation evaluation of your specific mineral interests.

Q: What is the difference between working interest and royalty interest?

A royalty interest (RI) entitles the owner to a share of production revenue without paying for drilling or operating costs. A working interest (WI) participates in both the revenue and the costs of drilling and operating wells. Most mineral owners in Stephens County hold royalty interests.

Total Interests

$63,530

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 42

Cumulative Production (Associated Leases)

Natural Gas: 7.99 MMCF

Oil: 5.44 MMBBL

Operators

Stober Oil And Gas Services, Llc Braka Operating L.L.C. Parker Energy Company Ridge Oil Company Delta Oil & Gas Ltd. Petex D J & T Energy Dj & T Services, Llc Basa Resources Jeff Dooley Operating, Llc

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Box '2021' RRC: 242066	Stober Oil And Gas Services, Llc	RI	0.0463%	$0
Bradford RRC: 175967	Braka Operating L.L.C.	RI	0.4883%	$0
Bradford 2 RRC: 196048	Braka Operating L.L.C.	RI	0.4884%	$0
Douglas '3399' RRC: 247743	Stober Oil And Gas Services, Llc	RI	0.0463%	$0
Douglas 3399 #2 RRC: 259812	Stober Oil And Gas Services, Llc	RI	0.0463%	$0
Gholson RRC: 164584	Parker Energy Company	RI	0.5860%	$540
Hanks Unit RRC: 23368	Ridge Oil Company	RI	0.1768%	$680
Kelly Ranch M 1 RRC: 31686	Delta Oil & Gas Ltd.	RI	0.7408%	$1,150
Kelly Ranch N 1 RRC: 31060	Delta Oil & Gas Ltd.	RI	0.7408%	$0
Kelly R J 427 #1 RRC: 30886	Delta Oil & Gas Ltd.	RI	2.2222%	$4,930
Kelly R J 428-1 RRC: 275778	Delta Oil & Gas Ltd.	RI	2.2222%	$0
Kelly R J Estate RRC: 29015	Delta Oil & Gas Ltd.	RI	1.3888%	$0
Kelly R J Estate RRC: 29015	Delta Oil & Gas Ltd.	RI	1.3888%	$0
Kelly R J Estate 10 RRC: 148791	Delta Oil & Gas Ltd.	RI	1.3889%	$0
Kelly R J Est 'D' RRC: 18583	Delta Oil & Gas Ltd.	RI	0.6944%	$0
Kelly R J Est 'D' RRC: 18583	Delta Oil & Gas Ltd.	RI	1.3889%	$0
Kelly R J Est 'E' RRC: 19897	Delta Oil & Gas Ltd.	RI	0.6944%	$340
Kelly R J Est 'E' RRC: 19897	Delta Oil & Gas Ltd.	RI	1.3889%	$670
Kelly R J Est -E- #3 RRC: 19897	Delta Oil & Gas Ltd.	RI	0.6944%	$0
Kelly R J Est -E- #3 RRC: 19897	Delta Oil & Gas Ltd.	RI	1.3889%	$0
Kelly R J Est 'H' 1 RRC: 018346	Delta Oil & Gas Ltd.	RI	2.0833%	$0
Kelly R J Est -K- RRC: 24288	Delta Oil & Gas Ltd.	RI	1.5625%	$0
Martin '3400' RRC: 238039	Petex	RI	0.3712%	$250
Martin-Ward #1 RRC: 261294	Petex	RI	0.1855%	$0
Mcclenny Unit 1 RRC: 186422	Petex	RI	0.1198%	$0
Miller Unit 1 RRC: 22629	Ridge Oil Company	RI	0.1148%	$280
Riddel Heirs -A- RRC: 042101	D J & T Energy	RI	0.0651%	$0
Riddel Heirs -B- RRC: 043937	D J & T Energy	RI	0.0652%	$0
Riddel Heirs - O'Don RRC: 041554	D J & T Energy	RI	0.0651%	$0
Scott Joe #1 RRC: 136650	Braka Operating L.L.C.	RI	0.3422%	$0
Scott Joe #6 RRC: 132045	Braka Operating L.L.C.	RI	0.3422%	$370
Walker Nannie -B- RRC: 03753	Dj & T Services, Llc	RI	0.0020%	$0
Walker Nanny 'B' RRC: 122623	D J & T Energy	RI	0.0020%	$0
Ward A 1 RRC: 31224	Delta Oil & Gas Ltd.	RI	0.4630%	$0
Ward Ackers State Un RRC: 19136	Basa Resources	RI	0.2315%	$1,010
Ward-Ackers State Un RRC: 18984	Basa Resources	RI	0.2315%	$680
Ward J. M. '1240' RRC: 245166	Basa Resources	RI	0.4629%	$1,370
Ward J M -B- RRC: 03809	Basa Resources	RI	0.4629%	$11,610
Ward J M -C- RRC: 03810	Basa Resources	RI	0.4629%	$39,550
Ward Jm Est #15 RRC: 139853	Jeff Dooley Operating, Llc	RI	0.4630%	$0
Ward J M Estate RRC: 080903	Jeff Dooley Operating, Llc	RI	0.4630%	$0
Ward J M Estate RRC: 080903	Jeff Dooley Operating, Llc	RI	0.4630%	$100
Ward J N Estate RRC: 018344	Jeff Dooley Operating, Llc	RI	0.4629%	$0
Winston '2037' RRC: 241280	Petex	RI	0.3712%	$0
Winston Joe RRC: 05400	Jeff Dooley Operating, Llc	RI	0.4630%	$0

Frequently Asked Questions

What mineral rights does Kelly Estate Trust own in Stephens County?

How can I sell my Stephens County mineral rights?

Where is Stephens County, Texas?

How much are Stephens County mineral rights worth?

What is the difference between working interest and royalty interest?

About Stephens County & The Bend Arch

Stephens County is in North-Central Texas, with Breckenridge as its county seat. It sits on the Bend Arch in the western Fort Worth Basin — a long-producing conventional oil & gas area known for the Caddo, Marble Falls, and shallower pay zones.

The Breckenridge field and surrounding Bend Arch leases have produced oil and gas for over a century. Production is mature and long-lived, with many shallow conventional wells declining slowly and continuing to pay royalties for decades.

Many mineral owners in Stephens County have received royalty payments for decades. As wells mature and production declines, some owners choose to sell their mineral rights to convert future uncertain income into immediate cash. Buckhead Energy purchases mineral rights across the Bend Arch and Fort Worth Basin.