EL RANCHO E UNIT A
EL RANCHO E UNIT A is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Petrolegacy Energy II, LLC. It has 2 wellbores on file with the Commission. Reported production runs from December 2022 to August 2026, totalling 636,335 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 $17.9M, with roughly $4.7M 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 7,268 barrels a month, about 3,634 per wellbore. Its strongest month on the record we hold was May 2023, at 56,696 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 EL RANCHO E UNIT A
- Who operates EL RANCHO E UNIT A?
- EL RANCHO E UNIT A is operated by Petrolegacy Energy II, LLC, Railroad Commission of Texas operator number 660299.
- Where is EL RANCHO E UNIT A?
- EL RANCHO E UNIT A is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58993.
- Is EL RANCHO E UNIT A still producing?
- EL RANCHO E UNIT A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EL RANCHO E UNIT A is August 2026.
- How much has EL RANCHO E UNIT A produced?
- EL RANCHO E UNIT A has reported 636,335 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 2 wellbores.
- How much is EL RANCHO E UNIT A worth?
- The remaining production from EL RANCHO E UNIT A is estimated to be worth about $17.9M in total as of 26 August 2026, within a range of $14.8M to $20.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EL RANCHO E UNIT A is a fraction of it. The estimate fits an Arps decline curve to the production EL RANCHO E UNIT A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EL RANCHO E UNIT A is an estimate of value, not an offer and not an appraisal.
- How much income does EL RANCHO E UNIT A generate in a year?
- EL RANCHO E UNIT A is forecast to net about $4.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EL RANCHO E UNIT A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petrolegacy Energy II, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 58993 |
| Wellbores | 2 |
| Reported production | 636,335 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $17.9M |
Where EL RANCHO E UNIT A 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.