CONWAY "20-A"
CONWAY "20-A" is a Texas oil lease in Duval County, Railroad Commission district 04, operated by Eland Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 33,380 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 $315K, 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 81 barrels a month. Its strongest month on the record we hold was May 2020, at 170 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 CONWAY "20-A"
- Who operates CONWAY "20-A"?
- CONWAY "20-A" is operated by Eland Energy, Inc., Railroad Commission of Texas operator number 246565.
- Where is CONWAY "20-A"?
- CONWAY "20-A" is a Texas oil lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 01232.
- Is CONWAY "20-A" still producing?
- CONWAY "20-A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONWAY "20-A" is August 2026.
- How much has CONWAY "20-A" produced?
- CONWAY "20-A" has reported 33,380 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CONWAY "20-A" worth?
- The remaining production from CONWAY "20-A" is estimated to be worth about $315K in total as of 26 August 2026, within a range of $173K to $456K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONWAY "20-A" is a fraction of it. The estimate fits an Arps decline curve to the production CONWAY "20-A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONWAY "20-A" is an estimate of value, not an offer and not an appraisal.
- How much income does CONWAY "20-A" generate in a year?
- CONWAY "20-A" is forecast to net about $61K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONWAY "20-A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eland Energy, Inc. |
|---|---|
| Field | Hoffman |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 01232 |
| Wellbores | 1 |
| Reported production | 33,380 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $315K |
Where CONWAY "20-A" 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.