ELLETT -A-
ELLETT -A- is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Quantum Resources Management,LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2011 to August 2026, totalling 8,649 barrels. The lease is intermittent. 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 $1K, with roughly $251 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 0 barrels a month. Its strongest month on the record we hold was November 2017, at 117 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 ELLETT -A-
- Who operates ELLETT -A-?
- ELLETT -A- is operated by Quantum Resources Management,LLC, Railroad Commission of Texas operator number 684554.
- Where is ELLETT -A-?
- ELLETT -A- is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42641.
- Is ELLETT -A- still producing?
- ELLETT -A- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ELLETT -A- is August 2026.
- How much has ELLETT -A- produced?
- ELLETT -A- has reported 8,649 barrels of oil (bbl) to the Railroad Commission of Texas between July 2011 and August 2026, from 1 wellbore.
- How much is ELLETT -A- worth?
- The remaining production from ELLETT -A- is estimated to be worth about $1K in total as of 26 August 2026, within a range of $0 to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELLETT -A- is a fraction of it. The estimate fits an Arps decline curve to the production ELLETT -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELLETT -A- is an estimate of value, not an offer and not an appraisal.
- How much income does ELLETT -A- generate in a year?
- ELLETT -A- is forecast to net about $251 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELLETT -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Quantum Resources Management,LLC |
|---|---|
| Field | Turner-Gregory (San Andres) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 42641 |
| Wellbores | 1 |
| Reported production | 8,649 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1K |
Where ELLETT -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.