ELMORE 33-7
ELMORE 33-7 is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Ehvi Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 5,946,120 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 $16.2M, with roughly $2.9M 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 142,652 thousand cubic feet a month. Its strongest month on the record we hold was January 2024, at 334,062 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 ELMORE 33-7
- Who operates ELMORE 33-7?
- ELMORE 33-7 is operated by Ehvi Exploration, LLC, Railroad Commission of Texas operator number 100475.
- Where is ELMORE 33-7?
- ELMORE 33-7 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 296306.
- Is ELMORE 33-7 still producing?
- ELMORE 33-7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELMORE 33-7 is August 2026.
- How much has ELMORE 33-7 produced?
- ELMORE 33-7 has reported 5,946,120 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2023 and August 2026, from 1 wellbore.
- How much is ELMORE 33-7 worth?
- The remaining production from ELMORE 33-7 is estimated to be worth about $16.2M in total as of 26 August 2026, within a range of $13.3M to $19.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELMORE 33-7 is a fraction of it. The estimate fits an Arps decline curve to the production ELMORE 33-7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELMORE 33-7 is an estimate of value, not an offer and not an appraisal.
- How much income does ELMORE 33-7 generate in a year?
- ELMORE 33-7 is forecast to net about $2.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELMORE 33-7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ehvi Exploration, LLC |
|---|---|
| Field | Buffalo Wallow (Granite Wash) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 296306 |
| Wellbores | 1 |
| Reported production | 5,946,120 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.2M |
Where ELMORE 33-7 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.