ELROD-ANTELL UNIT A 11-02
ELROD-ANTELL UNIT A 11-02 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Element Petro Operating II, LLC. It has 7 wellbores on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 2,050,804 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 $10.7M, with roughly $3.4M 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 4,127 barrels a month, about 590 per wellbore. Its strongest month on the record we hold was June 2018, at 64,615 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 ELROD-ANTELL UNIT A 11-02
- Who operates ELROD-ANTELL UNIT A 11-02?
- ELROD-ANTELL UNIT A 11-02 is operated by Element Petro Operating II, LLC, Railroad Commission of Texas operator number 247685.
- Where is ELROD-ANTELL UNIT A 11-02?
- ELROD-ANTELL UNIT A 11-02 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47120.
- Is ELROD-ANTELL UNIT A 11-02 still producing?
- ELROD-ANTELL UNIT A 11-02 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELROD-ANTELL UNIT A 11-02 is August 2026.
- How much has ELROD-ANTELL UNIT A 11-02 produced?
- ELROD-ANTELL UNIT A 11-02 has reported 2,050,804 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 7 wellbores.
- How much is ELROD-ANTELL UNIT A 11-02 worth?
- The remaining production from ELROD-ANTELL UNIT A 11-02 is estimated to be worth about $10.7M in total as of 27 August 2026, within a range of $8.9M to $12.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELROD-ANTELL UNIT A 11-02 is a fraction of it. The estimate fits an Arps decline curve to the production ELROD-ANTELL UNIT A 11-02 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELROD-ANTELL UNIT A 11-02 is an estimate of value, not an offer and not an appraisal.
- How much income does ELROD-ANTELL UNIT A 11-02 generate in a year?
- ELROD-ANTELL UNIT A 11-02 is forecast to net about $3.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ELROD-ANTELL UNIT A 11-02 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Element Petro Operating II, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 47120 |
| Wellbores | 7 |
| Reported production | 2,050,804 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.7M |
Where ELROD-ANTELL UNIT A 11-02 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.