ELMS-RICKS
ELMS-RICKS is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Magnolia Oil & Gas Operating Llc. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 1,508,361 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 a standard royalty share at about $15K, with roughly $4K expected over the next twelve months.
| Operator | Magnolia Oil & Gas Operating Llc |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 287724 |
| Wellbores | 1 |
| Reported production | 1,508,361 mcf |
| First reported | October 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $15K |
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.