ELK HUNTER

ELK HUNTER is a Texas oil lease in Gonzales County, Railroad Commission district 02, operated by Penn Virginia Oil & Gas, L.P. It has 6 wellbores on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 1,203,987 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 $2.9M, with roughly $1.3M 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 2,219 barrels a month, about 370 per wellbore. Its strongest month on the record we hold was June 2018, at 52,066 barrels. 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 ELK HUNTER

Who operates ELK HUNTER?
ELK HUNTER is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
Where is ELK HUNTER?
ELK HUNTER is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10423.
Is ELK HUNTER still producing?
ELK HUNTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELK HUNTER is August 2026.
How much has ELK HUNTER produced?
ELK HUNTER has reported 1,203,987 barrels of oil (bbl) to the Railroad Commission of Texas between January 2013 and August 2026, from 6 wellbores.
How much is ELK HUNTER worth?
The remaining production from ELK HUNTER is estimated to be worth about $2.9M in total as of 27 August 2026, within a range of $2.4M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELK HUNTER is a fraction of it. The estimate fits an Arps decline curve to the production ELK HUNTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELK HUNTER is an estimate of value, not an offer and not an appraisal.
How much income does ELK HUNTER generate in a year?
ELK HUNTER is forecast to net about $1.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ELK HUNTER receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

ELK HUNTER as filed with the Railroad Commission of Texas
OperatorPenn Virginia Oil & Gas, L.P.
FieldEagleville (Eagle Ford-2)
CountyGonzales County, Texas
RRC district02
Lease number10423
Wellbores6
Reported production1,203,987 bbl
First reported
Last reported
Estimated royalty value$2.9M

Where ELK HUNTER 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.