F. P. ELLIOT
F. P. ELLIOT is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Foundation Energy Management LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2018 to August 2026, totalling 190,720 barrels. 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 $1.5M, with roughly $539K 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 1,229 barrels a month. Its strongest month on the record we hold was May 2024, at 9,038 barrels. 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 F. P. ELLIOT
- Who operates F. P. ELLIOT?
- F. P. ELLIOT is operated by Foundation Energy Management LLC, Railroad Commission of Texas operator number 280875.
- Where is F. P. ELLIOT?
- F. P. ELLIOT is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27510.
- Is F. P. ELLIOT still producing?
- F. P. ELLIOT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for F. P. ELLIOT is August 2026.
- How much has F. P. ELLIOT produced?
- F. P. ELLIOT has reported 190,720 barrels of oil (bbl) to the Railroad Commission of Texas between December 2018 and August 2026, from 1 wellbore.
- How much is F. P. ELLIOT worth?
- The remaining production from F. P. ELLIOT is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.3M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in F. P. ELLIOT is a fraction of it. The estimate fits an Arps decline curve to the production F. P. ELLIOT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for F. P. ELLIOT is an estimate of value, not an offer and not an appraisal.
- How much income does F. P. ELLIOT generate in a year?
- F. P. ELLIOT is forecast to net about $539K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in F. P. ELLIOT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Foundation Energy Management LLC |
|---|---|
| Field | Silsbee (2) |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 27510 |
| Wellbores | 1 |
| Reported production | 190,720 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where F. P. ELLIOT 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.