EMMETT
EMMETT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Keystone Petroleum GP LLC. It has 10 wellbores on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 381,125 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 $1.0M, with roughly $221K 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 463 barrels a month, about 46 per wellbore. Its strongest month on the record we hold was June 2017, at 2,902 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 EMMETT
- Who operates EMMETT?
- EMMETT is operated by Keystone Petroleum GP LLC, Railroad Commission of Texas operator number 458790.
- Where is EMMETT?
- EMMETT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39274.
- Is EMMETT still producing?
- EMMETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EMMETT is August 2026.
- How much has EMMETT produced?
- EMMETT has reported 381,125 barrels of oil (bbl) to the Railroad Commission of Texas between April 2008 and August 2026, from 10 wellbores.
- How much is EMMETT worth?
- The remaining production from EMMETT is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $789K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EMMETT is a fraction of it. The estimate fits an Arps decline curve to the production EMMETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EMMETT is an estimate of value, not an offer and not an appraisal.
- How much income does EMMETT generate in a year?
- EMMETT is forecast to net about $221K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EMMETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Keystone Petroleum GP LLC |
|---|---|
| Field | Sallie Ann (Spraberry-Wolfcamp) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 39274 |
| Wellbores | 10 |
| Reported production | 381,125 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where EMMETT 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.