ELDRIDGE UNIT
ELDRIDGE UNIT is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Jenkins Oil Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 351,593 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 $1.2M, with roughly $328K 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 469 barrels a month, about 156 per wellbore. Its strongest month on the record we hold was December 2023, at 1,966 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 ELDRIDGE UNIT
- Who operates ELDRIDGE UNIT?
- ELDRIDGE UNIT is operated by Jenkins Oil Corporation, Railroad Commission of Texas operator number 431199.
- Where is ELDRIDGE UNIT?
- ELDRIDGE UNIT is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 12641.
- Is ELDRIDGE UNIT still producing?
- ELDRIDGE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELDRIDGE UNIT is August 2026.
- How much has ELDRIDGE UNIT produced?
- ELDRIDGE UNIT has reported 351,593 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is ELDRIDGE UNIT worth?
- The remaining production from ELDRIDGE UNIT is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $959K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELDRIDGE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ELDRIDGE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELDRIDGE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ELDRIDGE UNIT generate in a year?
- ELDRIDGE UNIT is forecast to net about $328K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELDRIDGE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jenkins Oil Corporation |
|---|---|
| Field | Pearsall (Austin Chalk) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 12641 |
| Wellbores | 3 |
| Reported production | 351,593 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where ELDRIDGE 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.