ELDER B
ELDER B is a Texas gas lease in De Witt County, Railroad Commission district 02, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from March 2024 to August 2026, totalling 386,642 thousand cubic feet. 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 $2.3M, with roughly $1.4M 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 9,307 thousand cubic feet a month. Its strongest month on the record we hold was June 2024, at 37,524 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 ELDER B
- Who operates ELDER B?
- ELDER B is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is ELDER B?
- ELDER B is a Texas gas lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 297932.
- Is ELDER B still producing?
- ELDER B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELDER B is August 2026.
- How much has ELDER B produced?
- ELDER B has reported 386,642 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2024 and August 2026, from 1 wellbore.
- How much is ELDER B worth?
- The remaining production from ELDER B is estimated to be worth about $2.3M in total as of 26 August 2026, within a range of $1.9M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELDER B is a fraction of it. The estimate fits an Arps decline curve to the production ELDER B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELDER B is an estimate of value, not an offer and not an appraisal.
- How much income does ELDER B generate in a year?
- ELDER B is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELDER B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 297932 |
| Wellbores | 1 |
| Reported production | 386,642 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where ELDER B 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.