ELLWOOD 20
ELLWOOD 20 is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Saguaro Petroleum, LLC. It has 2 wellbores on file with the Commission. Reported production runs from February 2022 to August 2026, totalling 23,077 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 $732K, with roughly $122K 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 131 barrels a month, about 66 per wellbore. Its strongest month on the record we hold was June 2022, at 1,576 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 ELLWOOD 20
- Who operates ELLWOOD 20?
- ELLWOOD 20 is operated by Saguaro Petroleum, LLC, Railroad Commission of Texas operator number 743325.
- Where is ELLWOOD 20?
- ELLWOOD 20 is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56939.
- Is ELLWOOD 20 still producing?
- ELLWOOD 20 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELLWOOD 20 is August 2026.
- How much has ELLWOOD 20 produced?
- ELLWOOD 20 has reported 23,077 barrels of oil (bbl) to the Railroad Commission of Texas between February 2022 and August 2026, from 2 wellbores.
- How much is ELLWOOD 20 worth?
- The remaining production from ELLWOOD 20 is estimated to be worth about $732K in total as of 27 August 2026, within a range of $571K to $893K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELLWOOD 20 is a fraction of it. The estimate fits an Arps decline curve to the production ELLWOOD 20 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELLWOOD 20 is an estimate of value, not an offer and not an appraisal.
- How much income does ELLWOOD 20 generate in a year?
- ELLWOOD 20 is forecast to net about $122K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ELLWOOD 20 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Saguaro Petroleum, LLC |
|---|---|
| Field | A & S (Miss.) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 56939 |
| Wellbores | 2 |
| Reported production | 23,077 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $732K |
Where ELLWOOD 20 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.