ELLWOOD
ELLWOOD is a Texas oil lease in Lamb County, Railroad Commission district 8A, operated by Occidental Permian Ltd. It has 1 wellbore on file with the Commission. Reported production runs from April 2002 to August 2026, totalling 174,474 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 $740K, with roughly $135K 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 216 barrels a month. Its strongest month on the record we hold was August 2018, at 550 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 ELLWOOD
- Who operates ELLWOOD?
- ELLWOOD is operated by Occidental Permian Ltd., Railroad Commission of Texas operator number 617544.
- Where is ELLWOOD?
- ELLWOOD is a Texas oil lease in Lamb County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68431.
- Is ELLWOOD still producing?
- ELLWOOD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELLWOOD is August 2026.
- How much has ELLWOOD produced?
- ELLWOOD has reported 174,474 barrels of oil (bbl) to the Railroad Commission of Texas between April 2002 and August 2026, from 1 wellbore.
- How much is ELLWOOD worth?
- The remaining production from ELLWOOD is estimated to be worth about $740K in total as of 27 August 2026, within a range of $577K to $903K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELLWOOD is a fraction of it. The estimate fits an Arps decline curve to the production ELLWOOD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELLWOOD is an estimate of value, not an offer and not an appraisal.
- How much income does ELLWOOD generate in a year?
- ELLWOOD is forecast to net about $135K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ELLWOOD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Occidental Permian Ltd. |
|---|---|
| Field | Anton-Irish (Wolfcamp) |
| County | Lamb County, Texas |
| RRC district | 8A |
| Lease number | 68431 |
| Wellbores | 1 |
| Reported production | 174,474 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $740K |
Where ELLWOOD 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.