EPLEY 2
EPLEY 2 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Reliance Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 27,599 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 $142K, with roughly $27K 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 28 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was February 2018, at 918 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 EPLEY 2
- Who operates EPLEY 2?
- EPLEY 2 is operated by Reliance Energy, Inc., Railroad Commission of Texas operator number 700995.
- Where is EPLEY 2?
- EPLEY 2 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46890.
- Is EPLEY 2 still producing?
- EPLEY 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EPLEY 2 is August 2026.
- How much has EPLEY 2 produced?
- EPLEY 2 has reported 27,599 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 2 wellbores.
- How much is EPLEY 2 worth?
- The remaining production from EPLEY 2 is estimated to be worth about $142K in total as of 26 August 2026, within a range of $78K to $205K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EPLEY 2 is a fraction of it. The estimate fits an Arps decline curve to the production EPLEY 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EPLEY 2 is an estimate of value, not an offer and not an appraisal.
- How much income does EPLEY 2 generate in a year?
- EPLEY 2 is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EPLEY 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reliance Energy, Inc. |
|---|---|
| Field | Lowe (Atoka) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 46890 |
| Wellbores | 2 |
| Reported production | 27,599 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $142K |
Where EPLEY 2 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.