ELROD "4A"
ELROD "4A" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 2 wellbores on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 272,082 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 $939K, with roughly $173K 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 426 barrels a month, about 213 per wellbore. Its strongest month on the record we hold was January 2024, at 2,155 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 "4A"
- Who operates ELROD "4A"?
- ELROD "4A" is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is ELROD "4A"?
- ELROD "4A" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38862.
- Is ELROD "4A" still producing?
- ELROD "4A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELROD "4A" is August 2026.
- How much has ELROD "4A" produced?
- ELROD "4A" has reported 272,082 barrels of oil (bbl) to the Railroad Commission of Texas between February 2008 and August 2026, from 2 wellbores.
- How much is ELROD "4A" worth?
- The remaining production from ELROD "4A" is estimated to be worth about $939K in total as of 26 August 2026, within a range of $732K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELROD "4A" is a fraction of it. The estimate fits an Arps decline curve to the production ELROD "4A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELROD "4A" is an estimate of value, not an offer and not an appraisal.
- How much income does ELROD "4A" generate in a year?
- ELROD "4A" is forecast to net about $173K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELROD "4A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 38862 |
| Wellbores | 2 |
| Reported production | 272,082 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $939K |
Where ELROD "4A" 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.