ELLIOT, R. B. "18"
ELLIOT, R. B. "18" is a Texas gas lease in Shackelford County, Railroad Commission district 7B, operated by Geonatural Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1995 to August 2026, totalling 343,241 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 $19K, with roughly $2K 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 75 thousand cubic feet a month. Its strongest month on the record we hold was August 2022, at 368 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 ELLIOT, R. B. "18"
- Who operates ELLIOT, R. B. "18"?
- ELLIOT, R. B. "18" is operated by Geonatural Resources, Inc., Railroad Commission of Texas operator number 300805.
- Where is ELLIOT, R. B. "18"?
- ELLIOT, R. B. "18" is a Texas gas lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 153916.
- Is ELLIOT, R. B. "18" still producing?
- ELLIOT, R. B. "18" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELLIOT, R. B. "18" is August 2026.
- How much has ELLIOT, R. B. "18" produced?
- ELLIOT, R. B. "18" has reported 343,241 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1995 and August 2026, from 1 wellbore.
- How much is ELLIOT, R. B. "18" worth?
- The remaining production from ELLIOT, R. B. "18" is estimated to be worth about $19K in total as of 26 August 2026, within a range of $11K to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELLIOT, R. B. "18" is a fraction of it. The estimate fits an Arps decline curve to the production ELLIOT, R. B. "18" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELLIOT, R. B. "18" is an estimate of value, not an offer and not an appraisal.
- How much income does ELLIOT, R. B. "18" generate in a year?
- ELLIOT, R. B. "18" is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELLIOT, R. B. "18" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Geonatural Resources, Inc. |
|---|---|
| Field | Herta Rose (Jennings Sand) |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 153916 |
| Wellbores | 1 |
| Reported production | 343,241 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $19K |
Where ELLIOT, R. B. "18" 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.