TETON 24-6 E
TETON 24-6 E is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by Ike Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2025 to August 2026, totalling 224,189 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 $21.2M, with roughly $10.3M 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 20,812 barrels a month. Its strongest month on the record we hold was August 2025, at 29,077 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 TETON 24-6 E
- Who operates TETON 24-6 E?
- TETON 24-6 E is operated by Ike Operating, LLC, Railroad Commission of Texas operator number 101633.
- Where is TETON 24-6 E?
- TETON 24-6 E is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64354.
- Is TETON 24-6 E still producing?
- TETON 24-6 E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TETON 24-6 E is August 2026.
- How much has TETON 24-6 E produced?
- TETON 24-6 E has reported 224,189 barrels of oil (bbl) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
- How much is TETON 24-6 E worth?
- The remaining production from TETON 24-6 E is estimated to be worth about $21.2M in total as of 26 August 2026, within a range of $17.4M to $25.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TETON 24-6 E is a fraction of it. The estimate fits an Arps decline curve to the production TETON 24-6 E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TETON 24-6 E is an estimate of value, not an offer and not an appraisal.
- How much income does TETON 24-6 E generate in a year?
- TETON 24-6 E is forecast to net about $10.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TETON 24-6 E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ike Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 64354 |
| Wellbores | 1 |
| Reported production | 224,189 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21.2M |
Where TETON 24-6 E 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.