ELROD UNIT 10
ELROD UNIT 10 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 104,209 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 $1.2M, with roughly $195K 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 156 barrels a month, about 78 per wellbore. Its strongest month on the record we hold was April 2018, at 859 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 ELROD UNIT 10
- Who operates ELROD UNIT 10?
- ELROD UNIT 10 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is ELROD UNIT 10?
- ELROD UNIT 10 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42688.
- Is ELROD UNIT 10 still producing?
- ELROD UNIT 10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELROD UNIT 10 is August 2026.
- How much has ELROD UNIT 10 produced?
- ELROD UNIT 10 has reported 104,209 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 2 wellbores.
- How much is ELROD UNIT 10 worth?
- The remaining production from ELROD UNIT 10 is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $939K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELROD UNIT 10 is a fraction of it. The estimate fits an Arps decline curve to the production ELROD UNIT 10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELROD UNIT 10 is an estimate of value, not an offer and not an appraisal.
- How much income does ELROD UNIT 10 generate in a year?
- ELROD UNIT 10 is forecast to net about $195K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELROD UNIT 10 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 42688 |
| Wellbores | 2 |
| Reported production | 104,209 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where ELROD UNIT 10 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.