ELM CREEK RANCH 34
ELM CREEK RANCH 34 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Laredo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 705,005 thousand cubic feet. 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 $111K, with roughly $23K 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 994 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 1,922 thousand cubic feet. 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 ELM CREEK RANCH 34
- Who operates ELM CREEK RANCH 34?
- ELM CREEK RANCH 34 is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is ELM CREEK RANCH 34?
- ELM CREEK RANCH 34 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 241154.
- Is ELM CREEK RANCH 34 still producing?
- ELM CREEK RANCH 34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELM CREEK RANCH 34 is August 2026.
- How much has ELM CREEK RANCH 34 produced?
- ELM CREEK RANCH 34 has reported 705,005 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is ELM CREEK RANCH 34 worth?
- The remaining production from ELM CREEK RANCH 34 is estimated to be worth about $111K in total as of 27 August 2026, within a range of $87K to $136K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELM CREEK RANCH 34 is a fraction of it. The estimate fits an Arps decline curve to the production ELM CREEK RANCH 34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELM CREEK RANCH 34 is an estimate of value, not an offer and not an appraisal.
- How much income does ELM CREEK RANCH 34 generate in a year?
- ELM CREEK RANCH 34 is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ELM CREEK RANCH 34 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Begert (10,200) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 241154 |
| Wellbores | 1 |
| Reported production | 705,005 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $111K |
Where ELM CREEK RANCH 34 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.