ELLWOOD "B"
ELLWOOD "B" is a Texas oil lease in Mitchell County, Railroad Commission district 7C, operated by Katsco Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 139 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 $38K, with roughly $7K 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 4 barrels a month. Its strongest month on the record we hold was November 2021, at 25 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 ELLWOOD "B"
- Who operates ELLWOOD "B"?
- ELLWOOD "B" is operated by Katsco Energy, Inc., Railroad Commission of Texas operator number 451645.
- Where is ELLWOOD "B"?
- ELLWOOD "B" is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21440.
- Is ELLWOOD "B" still producing?
- ELLWOOD "B" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ELLWOOD "B" is August 2026.
- How much has ELLWOOD "B" produced?
- ELLWOOD "B" has reported 139 barrels of oil (bbl) to the Railroad Commission of Texas between October 2021 and August 2026, from 1 wellbore.
- How much is ELLWOOD "B" worth?
- The remaining production from ELLWOOD "B" is estimated to be worth about $38K in total as of 26 August 2026, within a range of $0 to $77K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELLWOOD "B" is a fraction of it. The estimate fits an Arps decline curve to the production ELLWOOD "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELLWOOD "B" is an estimate of value, not an offer and not an appraisal.
- How much income does ELLWOOD "B" generate in a year?
- ELLWOOD "B" is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELLWOOD "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Katsco Energy, Inc. |
|---|---|
| Field | Jameson |
| County | Mitchell County, Texas |
| RRC district | 7C |
| Lease number | 21440 |
| Wellbores | 1 |
| Reported production | 139 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $38K |
Where ELLWOOD "B" 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.