ELM CREEK RANCH 7
ELM CREEK RANCH 7 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 January 2009 to August 2026, totalling 620,342 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 $161K, with roughly $26K 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 978 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 1,984 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 7
- Who operates ELM CREEK RANCH 7?
- ELM CREEK RANCH 7 is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is ELM CREEK RANCH 7?
- ELM CREEK RANCH 7 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 249553.
- Is ELM CREEK RANCH 7 still producing?
- ELM CREEK RANCH 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELM CREEK RANCH 7 is August 2026.
- How much has ELM CREEK RANCH 7 produced?
- ELM CREEK RANCH 7 has reported 620,342 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is ELM CREEK RANCH 7 worth?
- The remaining production from ELM CREEK RANCH 7 is estimated to be worth about $161K in total as of 27 August 2026, within a range of $126K to $197K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELM CREEK RANCH 7 is a fraction of it. The estimate fits an Arps decline curve to the production ELM CREEK RANCH 7 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 7 is an estimate of value, not an offer and not an appraisal.
- How much income does ELM CREEK RANCH 7 generate in a year?
- ELM CREEK RANCH 7 is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ELM CREEK RANCH 7 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 | 249553 |
| Wellbores | 1 |
| Reported production | 620,342 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $161K |
Where ELM CREEK RANCH 7 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.