ERNEST "R"
ERNEST "R" is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by King Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 54,189 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $8K, with roughly $2K expected over the next twelve months.
| Operator | King Operating Corporation |
|---|---|
| Field | Earnest (6500 Sand) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 70023 |
| Wellbores | 1 |
| Reported production | 54,189 bbl |
| First reported | June 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $8K |
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.