ARMSTRONG, ELIZABETH
ARMSTRONG, ELIZABETH is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Permian Resources, Inc. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 136,201 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 $164K, with roughly $32K 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 42 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was August 2016, at 698 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 ARMSTRONG, ELIZABETH
- Who operates ARMSTRONG, ELIZABETH?
- ARMSTRONG, ELIZABETH is operated by Permian Resources, Inc., Railroad Commission of Texas operator number 655835.
- Where is ARMSTRONG, ELIZABETH?
- ARMSTRONG, ELIZABETH is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 26431.
- Is ARMSTRONG, ELIZABETH still producing?
- ARMSTRONG, ELIZABETH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARMSTRONG, ELIZABETH is August 2026.
- How much has ARMSTRONG, ELIZABETH produced?
- ARMSTRONG, ELIZABETH has reported 136,201 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is ARMSTRONG, ELIZABETH worth?
- The remaining production from ARMSTRONG, ELIZABETH is estimated to be worth about $164K in total as of 27 August 2026, within a range of $90K to $238K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARMSTRONG, ELIZABETH is a fraction of it. The estimate fits an Arps decline curve to the production ARMSTRONG, ELIZABETH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARMSTRONG, ELIZABETH is an estimate of value, not an offer and not an appraisal.
- How much income does ARMSTRONG, ELIZABETH generate in a year?
- ARMSTRONG, ELIZABETH is forecast to net about $32K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ARMSTRONG, ELIZABETH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Resources, Inc. |
|---|---|
| Field | Shafter Lake (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 26431 |
| Wellbores | 6 |
| Reported production | 136,201 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $164K |
Where ARMSTRONG, ELIZABETH 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.