CHUMBLEY, GLADYS ETAL
CHUMBLEY, GLADYS ETAL is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Eland Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 42,253 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 $225K, with roughly $43K 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 69 barrels a month. Its strongest month on the record we hold was April 2018, at 170 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CHUMBLEY, GLADYS ETAL
- Who operates CHUMBLEY, GLADYS ETAL?
- CHUMBLEY, GLADYS ETAL is operated by Eland Energy, Inc., Railroad Commission of Texas operator number 246565.
- Where is CHUMBLEY, GLADYS ETAL?
- CHUMBLEY, GLADYS ETAL is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 09800.
- Is CHUMBLEY, GLADYS ETAL still producing?
- CHUMBLEY, GLADYS ETAL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHUMBLEY, GLADYS ETAL is August 2026.
- How much has CHUMBLEY, GLADYS ETAL produced?
- CHUMBLEY, GLADYS ETAL has reported 42,253 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CHUMBLEY, GLADYS ETAL worth?
- The remaining production from CHUMBLEY, GLADYS ETAL is estimated to be worth about $225K in total as of 26 August 2026, within a range of $124K to $327K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHUMBLEY, GLADYS ETAL is a fraction of it. The estimate fits an Arps decline curve to the production CHUMBLEY, GLADYS ETAL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHUMBLEY, GLADYS ETAL is an estimate of value, not an offer and not an appraisal.
- How much income does CHUMBLEY, GLADYS ETAL generate in a year?
- CHUMBLEY, GLADYS ETAL is forecast to net about $43K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHUMBLEY, GLADYS ETAL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eland Energy, Inc. |
|---|---|
| Field | Mackoy (Ellenburger) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 09800 |
| Wellbores | 1 |
| Reported production | 42,253 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $225K |
Where CHUMBLEY, GLADYS ETAL 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.