EMMA
EMMA is a Texas oil lease in Cass County, Railroad Commission district 06, operated by Barrow-Shaver Resources Co. It has 1 wellbore on file with the Commission. Reported production runs from February 2024 to August 2026, totalling 49,761 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 $401K, with roughly $266K 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 774 barrels a month. Its strongest month on the record we hold was March 2024, at 11,150 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 EMMA
- Who operates EMMA?
- EMMA is operated by Barrow-Shaver Resources Co., Railroad Commission of Texas operator number 053321.
- Where is EMMA?
- EMMA is a Texas oil lease in Cass County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 16034.
- Is EMMA still producing?
- EMMA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EMMA is August 2026.
- How much has EMMA produced?
- EMMA has reported 49,761 barrels of oil (bbl) to the Railroad Commission of Texas between February 2024 and August 2026, from 1 wellbore.
- How much is EMMA worth?
- The remaining production from EMMA is estimated to be worth about $401K in total as of 26 August 2026, within a range of $313K to $490K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EMMA is a fraction of it. The estimate fits an Arps decline curve to the production EMMA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EMMA is an estimate of value, not an offer and not an appraisal.
- How much income does EMMA generate in a year?
- EMMA is forecast to net about $266K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EMMA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Barrow-Shaver Resources Co. |
|---|---|
| Field | Hidden Rock (Cotton Valley Lime) |
| County | Cass County, Texas |
| RRC district | 06 |
| Lease number | 16034 |
| Wellbores | 1 |
| Reported production | 49,761 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $401K |
Where EMMA 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.