ELLIS, DREW ET AL
ELLIS, DREW ET AL is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Midgard Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from December 1996 to August 2026, totalling 1,011,937 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 $99K, with roughly $18K 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 778 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 1,430 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 ELLIS, DREW ET AL
- Who operates ELLIS, DREW ET AL?
- ELLIS, DREW ET AL is operated by Midgard Energy Company, Railroad Commission of Texas operator number 565050.
- Where is ELLIS, DREW ET AL?
- ELLIS, DREW ET AL is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 163376.
- Is ELLIS, DREW ET AL still producing?
- ELLIS, DREW ET AL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELLIS, DREW ET AL is August 2026.
- How much has ELLIS, DREW ET AL produced?
- ELLIS, DREW ET AL has reported 1,011,937 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1996 and August 2026, from 1 wellbore.
- How much is ELLIS, DREW ET AL worth?
- The remaining production from ELLIS, DREW ET AL is estimated to be worth about $99K in total as of 27 August 2026, within a range of $77K to $121K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELLIS, DREW ET AL is a fraction of it. The estimate fits an Arps decline curve to the production ELLIS, DREW ET AL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELLIS, DREW ET AL is an estimate of value, not an offer and not an appraisal.
- How much income does ELLIS, DREW ET AL generate in a year?
- ELLIS, DREW ET AL is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ELLIS, DREW ET AL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midgard Energy Company |
|---|---|
| Field | Ellis Ranch (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 163376 |
| Wellbores | 1 |
| Reported production | 1,011,937 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $99K |
Where ELLIS, DREW ET AL 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.