ELK UNIT
ELK UNIT is a Texas oil lease in Brazos County, Railroad Commission district 05, operated by Halcon Operating Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 164,001 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 $967K, with roughly $223K 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 298 barrels a month. Its strongest month on the record we hold was May 2016, at 1,211 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 ELK UNIT
- Who operates ELK UNIT?
- ELK UNIT is operated by Halcon Operating Co., Inc., Railroad Commission of Texas operator number 344412.
- Where is ELK UNIT?
- ELK UNIT is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04144.
- Is ELK UNIT still producing?
- ELK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELK UNIT is August 2026.
- How much has ELK UNIT produced?
- ELK UNIT has reported 164,001 barrels of oil (bbl) to the Railroad Commission of Texas between September 2013 and August 2026, from 1 wellbore.
- How much is ELK UNIT worth?
- The remaining production from ELK UNIT is estimated to be worth about $967K in total as of 26 August 2026, within a range of $754K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ELK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ELK UNIT generate in a year?
- ELK UNIT is forecast to net about $223K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Halcon Operating Co., Inc. |
|---|---|
| Field | Aguila Vado (Eagleford) |
| County | Brazos County, Texas |
| RRC district | 05 |
| Lease number | 04144 |
| Wellbores | 1 |
| Reported production | 164,001 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $967K |
Where ELK UNIT 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.