EZJ RANCH (EAST)
EZJ RANCH (EAST) is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Sharp Image Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2003 to August 2026, totalling 16,646 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 $51K, with roughly $10K 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 July 2017, at 173 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 EZJ RANCH (EAST)
- Who operates EZJ RANCH (EAST)?
- EZJ RANCH (EAST) is operated by Sharp Image Energy, Inc., Railroad Commission of Texas operator number 770731.
- Where is EZJ RANCH (EAST)?
- EZJ RANCH (EAST) is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37245.
- Is EZJ RANCH (EAST) still producing?
- EZJ RANCH (EAST) is intermittent. The most recent month of production reported to the Railroad Commission of Texas for EZJ RANCH (EAST) is August 2026.
- How much has EZJ RANCH (EAST) produced?
- EZJ RANCH (EAST) has reported 16,646 barrels of oil (bbl) to the Railroad Commission of Texas between December 2003 and August 2026, from 1 wellbore.
- How much is EZJ RANCH (EAST) worth?
- The remaining production from EZJ RANCH (EAST) is estimated to be worth about $51K in total as of 27 August 2026, within a range of $0 to $102K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EZJ RANCH (EAST) is a fraction of it. The estimate fits an Arps decline curve to the production EZJ RANCH (EAST) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EZJ RANCH (EAST) is an estimate of value, not an offer and not an appraisal.
- How much income does EZJ RANCH (EAST) generate in a year?
- EZJ RANCH (EAST) is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EZJ RANCH (EAST) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sharp Image Energy, Inc. |
|---|---|
| Field | Ray Albaugh (Wolfcamp) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 37245 |
| Wellbores | 1 |
| Reported production | 16,646 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $51K |
Where EZJ RANCH (EAST) 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.