ELKIN "26"
ELKIN "26" is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 8 wellbores on file with the Commission. Reported production runs from May 2001 to August 2026, totalling 478,743 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 $2.3M, with roughly $499K 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 698 barrels a month, about 87 per wellbore. Its strongest month on the record we hold was May 2016, at 3,080 barrels. 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 ELKIN "26"
- Who operates ELKIN "26"?
- ELKIN "26" is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is ELKIN "26"?
- ELKIN "26" is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36648.
- Is ELKIN "26" still producing?
- ELKIN "26" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELKIN "26" is August 2026.
- How much has ELKIN "26" produced?
- ELKIN "26" has reported 478,743 barrels of oil (bbl) to the Railroad Commission of Texas between May 2001 and August 2026, from 8 wellbores.
- How much is ELKIN "26" worth?
- The remaining production from ELKIN "26" is estimated to be worth about $2.3M in total as of 27 August 2026, within a range of $1.8M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELKIN "26" is a fraction of it. The estimate fits an Arps decline curve to the production ELKIN "26" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELKIN "26" is an estimate of value, not an offer and not an appraisal.
- How much income does ELKIN "26" generate in a year?
- ELKIN "26" is forecast to net about $499K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ELKIN "26" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 36648 |
| Wellbores | 8 |
| Reported production | 478,743 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where ELKIN "26" 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.