SOUTH KEYSTONE ELLENBURGER UNIT
SOUTH KEYSTONE ELLENBURGER UNIT is a Texas gas lease in Winkler County, Railroad Commission district 08, operated by Pennzoil Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from November 1994 to August 2026, totalling 11,389,057 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 $2K, 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 3,983 thousand cubic feet a month. Its strongest month on the record we hold was September 2017, at 22,916 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SOUTH KEYSTONE ELLENBURGER UNIT
- Who operates SOUTH KEYSTONE ELLENBURGER UNIT?
- SOUTH KEYSTONE ELLENBURGER UNIT is operated by Pennzoil Petroleum Company, Railroad Commission of Texas operator number 652365.
- Where is SOUTH KEYSTONE ELLENBURGER UNIT?
- SOUTH KEYSTONE ELLENBURGER UNIT is a Texas gas lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 152108.
- Is SOUTH KEYSTONE ELLENBURGER UNIT still producing?
- SOUTH KEYSTONE ELLENBURGER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH KEYSTONE ELLENBURGER UNIT is August 2026.
- How much has SOUTH KEYSTONE ELLENBURGER UNIT produced?
- SOUTH KEYSTONE ELLENBURGER UNIT has reported 11,389,057 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1994 and August 2026, from 1 wellbore.
- How much is SOUTH KEYSTONE ELLENBURGER UNIT worth?
- The remaining production from SOUTH KEYSTONE ELLENBURGER UNIT is estimated to be worth about $2K in total as of 26 August 2026, within a range of $1K to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH KEYSTONE ELLENBURGER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH KEYSTONE ELLENBURGER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH KEYSTONE ELLENBURGER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH KEYSTONE ELLENBURGER UNIT generate in a year?
- SOUTH KEYSTONE ELLENBURGER UNIT 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 SOUTH KEYSTONE ELLENBURGER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Keystone (Ellenburger) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 152108 |
| Wellbores | 1 |
| Reported production | 11,389,057 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where SOUTH KEYSTONE ELLENBURGER UNIT 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.