ELIAS
ELIAS is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 306,087 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 $70K, with roughly $12K 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 551 thousand cubic feet a month. Its strongest month on the record we hold was January 2025, at 772 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 ELIAS
- Who operates ELIAS?
- ELIAS is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is ELIAS?
- ELIAS is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 027545.
- Is ELIAS still producing?
- ELIAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELIAS is August 2026.
- How much has ELIAS produced?
- ELIAS has reported 306,087 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ELIAS worth?
- The remaining production from ELIAS is estimated to be worth about $70K in total as of 27 August 2026, within a range of $55K to $86K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELIAS is a fraction of it. The estimate fits an Arps decline curve to the production ELIAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELIAS is an estimate of value, not an offer and not an appraisal.
- How much income does ELIAS generate in a year?
- ELIAS is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ELIAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Texas Hugoton |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 027545 |
| Wellbores | 1 |
| Reported production | 306,087 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $70K |
Where ELIAS 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.