ELLY MAY 20-32 3203
ELLY MAY 20-32 3203 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 183,398 barrels. The lease is intermittent. 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 $13K, with roughly $13K 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 13,853 barrels a month. Its strongest month on the record we hold was July 2025, at 41,938 barrels. 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 ELLY MAY 20-32 3203
- Who operates ELLY MAY 20-32 3203?
- ELLY MAY 20-32 3203 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is ELLY MAY 20-32 3203?
- ELLY MAY 20-32 3203 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22791.
- Is ELLY MAY 20-32 3203 still producing?
- ELLY MAY 20-32 3203 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ELLY MAY 20-32 3203 is August 2026.
- How much has ELLY MAY 20-32 3203 produced?
- ELLY MAY 20-32 3203 has reported 183,398 barrels of oil (bbl) to the Railroad Commission of Texas between August 2024 and August 2026, from 1 wellbore.
- How much is ELLY MAY 20-32 3203 worth?
- The remaining production from ELLY MAY 20-32 3203 is estimated to be worth about $13K in total as of 26 August 2026, within a range of $11K to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELLY MAY 20-32 3203 is a fraction of it. The estimate fits an Arps decline curve to the production ELLY MAY 20-32 3203 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELLY MAY 20-32 3203 is an estimate of value, not an offer and not an appraisal.
- How much income does ELLY MAY 20-32 3203 generate in a year?
- ELLY MAY 20-32 3203 is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELLY MAY 20-32 3203 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22791 |
| Wellbores | 1 |
| Reported production | 183,398 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $13K |
Where ELLY MAY 20-32 3203 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.