ELLIS
ELLIS is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Remnant Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 50,157 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 $322K, with roughly $54K 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 73 barrels a month, about 37 per wellbore. Its strongest month on the record we hold was September 2019, at 688 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 ELLIS
- Who operates ELLIS?
- ELLIS is operated by Remnant Energy, Inc., Railroad Commission of Texas operator number 701555.
- Where is ELLIS?
- ELLIS is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08618.
- Is ELLIS still producing?
- ELLIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELLIS is August 2026.
- How much has ELLIS produced?
- ELLIS has reported 50,157 barrels of oil (bbl) to the Railroad Commission of Texas between June 2010 and August 2026, from 2 wellbores.
- How much is ELLIS worth?
- The remaining production from ELLIS is estimated to be worth about $322K in total as of 26 August 2026, within a range of $177K to $467K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELLIS is a fraction of it. The estimate fits an Arps decline curve to the production ELLIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELLIS is an estimate of value, not an offer and not an appraisal.
- How much income does ELLIS generate in a year?
- ELLIS is forecast to net about $54K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELLIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Remnant Energy, Inc. |
|---|---|
| Field | Allen-Parker (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08618 |
| Wellbores | 2 |
| Reported production | 50,157 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $322K |
Where ELLIS 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.