TALLEY, E. M.
TALLEY, E. M. is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Patrick, G. B. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,471 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 $62K, with roughly $12K 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 16 barrels a month. Its strongest month on the record we hold was October 2017, at 54 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 TALLEY, E. M.
- Who operates TALLEY, E. M.?
- TALLEY, E. M. is operated by Patrick, G. B., Railroad Commission of Texas operator number 643362.
- Where is TALLEY, E. M.?
- TALLEY, E. M. is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 08787.
- Is TALLEY, E. M. still producing?
- TALLEY, E. M. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TALLEY, E. M. is August 2026.
- How much has TALLEY, E. M. produced?
- TALLEY, E. M. has reported 5,471 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TALLEY, E. M. worth?
- The remaining production from TALLEY, E. M. is estimated to be worth about $62K in total as of 26 August 2026, within a range of $34K to $90K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TALLEY, E. M. is a fraction of it. The estimate fits an Arps decline curve to the production TALLEY, E. M. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TALLEY, E. M. is an estimate of value, not an offer and not an appraisal.
- How much income does TALLEY, E. M. generate in a year?
- TALLEY, E. M. is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TALLEY, E. M. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patrick, G. B. |
|---|---|
| Field | Montague County Regular |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 08787 |
| Wellbores | 1 |
| Reported production | 5,471 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $62K |
Where TALLEY, E. M. 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.