ELMER GRAVES 615
ELMER GRAVES 615 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Jones Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 655,378 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 $109K, with roughly $44K 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 1,592 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 9,396 thousand cubic feet. 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 ELMER GRAVES 615
- Who operates ELMER GRAVES 615?
- ELMER GRAVES 615 is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is ELMER GRAVES 615?
- ELMER GRAVES 615 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 278493.
- Is ELMER GRAVES 615 still producing?
- ELMER GRAVES 615 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELMER GRAVES 615 is August 2026.
- How much has ELMER GRAVES 615 produced?
- ELMER GRAVES 615 has reported 655,378 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2014 and August 2026, from 1 wellbore.
- How much is ELMER GRAVES 615 worth?
- The remaining production from ELMER GRAVES 615 is estimated to be worth about $109K in total as of 27 August 2026, within a range of $90K to $127K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELMER GRAVES 615 is a fraction of it. The estimate fits an Arps decline curve to the production ELMER GRAVES 615 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELMER GRAVES 615 is an estimate of value, not an offer and not an appraisal.
- How much income does ELMER GRAVES 615 generate in a year?
- ELMER GRAVES 615 is forecast to net about $44K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ELMER GRAVES 615 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, LLC |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 278493 |
| Wellbores | 1 |
| Reported production | 655,378 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $109K |
Where ELMER GRAVES 615 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.