ELLIOTT
ELLIOTT is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Remnant Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 188,019 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 $842K, with roughly $156K 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 197 barrels a month, about 99 per wellbore. Its strongest month on the record we hold was December 2017, at 12,173 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 ELLIOTT
- Who operates ELLIOTT?
- ELLIOTT is operated by Remnant Energy, Inc., Railroad Commission of Texas operator number 701555.
- Where is ELLIOTT?
- ELLIOTT is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09276.
- Is ELLIOTT still producing?
- ELLIOTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELLIOTT is August 2026.
- How much has ELLIOTT produced?
- ELLIOTT has reported 188,019 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 2 wellbores.
- How much is ELLIOTT worth?
- The remaining production from ELLIOTT is estimated to be worth about $842K in total as of 26 August 2026, within a range of $657K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELLIOTT is a fraction of it. The estimate fits an Arps decline curve to the production ELLIOTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELLIOTT is an estimate of value, not an offer and not an appraisal.
- How much income does ELLIOTT generate in a year?
- ELLIOTT is forecast to net about $156K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELLIOTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Remnant Energy, Inc. |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09276 |
| Wellbores | 2 |
| Reported production | 188,019 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $842K |
Where ELLIOTT 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.