EARDLEY
EARDLEY is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Gambit Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2013 to August 2026, totalling 30,495 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 $319K, with roughly $61K 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 85 barrels a month. Its strongest month on the record we hold was September 2019, at 3,944 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 EARDLEY
- Who operates EARDLEY?
- EARDLEY is operated by Gambit Resources, Inc., Railroad Commission of Texas operator number 293427.
- Where is EARDLEY?
- EARDLEY is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18842.
- Is EARDLEY still producing?
- EARDLEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EARDLEY is August 2026.
- How much has EARDLEY produced?
- EARDLEY has reported 30,495 barrels of oil (bbl) to the Railroad Commission of Texas between July 2013 and August 2026, from 1 wellbore.
- How much is EARDLEY worth?
- The remaining production from EARDLEY is estimated to be worth about $319K in total as of 27 August 2026, within a range of $176K to $463K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EARDLEY is a fraction of it. The estimate fits an Arps decline curve to the production EARDLEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EARDLEY is an estimate of value, not an offer and not an appraisal.
- How much income does EARDLEY generate in a year?
- EARDLEY is forecast to net about $61K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EARDLEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gambit Resources, Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 18842 |
| Wellbores | 1 |
| Reported production | 30,495 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $319K |
Where EARDLEY 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.