ELDON
ELDON is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Courson Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 685,443 thousand cubic feet. 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 $69K, 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 610 thousand cubic feet a month. Its strongest month on the record we hold was April 2022, at 2,543 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 ELDON
- Who operates ELDON?
- ELDON is operated by Courson Oil & Gas, Inc., Railroad Commission of Texas operator number 182785.
- Where is ELDON?
- ELDON is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 104909.
- Is ELDON still producing?
- ELDON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELDON is August 2026.
- How much has ELDON produced?
- ELDON has reported 685,443 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ELDON worth?
- The remaining production from ELDON is estimated to be worth about $69K in total as of 26 August 2026, within a range of $54K to $84K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELDON is a fraction of it. The estimate fits an Arps decline curve to the production ELDON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELDON is an estimate of value, not an offer and not an appraisal.
- How much income does ELDON generate in a year?
- ELDON 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 ELDON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Courson Oil & Gas, Inc. |
|---|---|
| Field | Ellis Ranch (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 104909 |
| Wellbores | 1 |
| Reported production | 685,443 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $69K |
Where ELDON 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.