EL PATON
EL PATON is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Thorp Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 717,534 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 the whole lease — a 100% undivided interest — at about $55K, with roughly $15K 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 627 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 4,185 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 EL PATON
- Who operates EL PATON?
- EL PATON is operated by Thorp Petroleum Corporation, Railroad Commission of Texas operator number 857119.
- Where is EL PATON?
- EL PATON is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 242315.
- Is EL PATON still producing?
- EL PATON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EL PATON is August 2026.
- How much has EL PATON produced?
- EL PATON has reported 717,534 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is EL PATON worth?
- The remaining production from EL PATON is estimated to be worth about $55K in total as of 27 August 2026, within a range of $43K to $67K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EL PATON is a fraction of it. The estimate fits an Arps decline curve to the production EL PATON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EL PATON is an estimate of value, not an offer and not an appraisal.
- How much income does EL PATON generate in a year?
- EL PATON is forecast to net about $15K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EL PATON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thorp Petroleum Corporation |
|---|---|
| Field | T Patch (Reklaw Oso) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 242315 |
| Wellbores | 1 |
| Reported production | 717,534 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $55K |
Where EL PATON 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.