ELKHEAD 4144
ELKHEAD 4144 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by PDC Permian, Inc. It has 8 wellbores on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 637,197 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 $4.1M, with roughly $1.3M 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 1,521 barrels a month, about 190 per wellbore. Its strongest month on the record we hold was October 2017, at 48,093 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 ELKHEAD 4144
- Who operates ELKHEAD 4144?
- ELKHEAD 4144 is operated by PDC Permian, Inc., Railroad Commission of Texas operator number 646832.
- Where is ELKHEAD 4144?
- ELKHEAD 4144 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49174.
- Is ELKHEAD 4144 still producing?
- ELKHEAD 4144 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELKHEAD 4144 is August 2026.
- How much has ELKHEAD 4144 produced?
- ELKHEAD 4144 has reported 637,197 barrels of oil (bbl) to the Railroad Commission of Texas between June 2017 and August 2026, from 8 wellbores.
- How much is ELKHEAD 4144 worth?
- The remaining production from ELKHEAD 4144 is estimated to be worth about $4.1M in total as of 26 August 2026, within a range of $3.4M to $4.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELKHEAD 4144 is a fraction of it. The estimate fits an Arps decline curve to the production ELKHEAD 4144 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELKHEAD 4144 is an estimate of value, not an offer and not an appraisal.
- How much income does ELKHEAD 4144 generate in a year?
- ELKHEAD 4144 is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELKHEAD 4144 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PDC Permian, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 49174 |
| Wellbores | 8 |
| Reported production | 637,197 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.1M |
Where ELKHEAD 4144 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.