ELLIS, T. J.
ELLIS, T. J. is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Lem Operating Co., Inc. It has 17 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 199,105 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 $630K, with roughly $165K 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 258 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was April 2022, at 382 barrels. 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, T. J.
- Who operates ELLIS, T. J.?
- ELLIS, T. J. is operated by Lem Operating Co., Inc., Railroad Commission of Texas operator number 496350.
- Where is ELLIS, T. J.?
- ELLIS, T. J. is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 05706.
- Is ELLIS, T. J. still producing?
- ELLIS, T. J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELLIS, T. J. is August 2026.
- How much has ELLIS, T. J. produced?
- ELLIS, T. J. has reported 199,105 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 17 wellbores.
- How much is ELLIS, T. J. worth?
- The remaining production from ELLIS, T. J. is estimated to be worth about $630K in total as of 27 August 2026, within a range of $491K to $769K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELLIS, T. J. is a fraction of it. The estimate fits an Arps decline curve to the production ELLIS, T. J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELLIS, T. J. is an estimate of value, not an offer and not an appraisal.
- How much income does ELLIS, T. J. generate in a year?
- ELLIS, T. J. is forecast to net about $165K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ELLIS, T. J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lem Operating Co., Inc. |
|---|---|
| Field | Sharon Ridge (1700) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 05706 |
| Wellbores | 17 |
| Reported production | 199,105 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $630K |
Where ELLIS, T. J. 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.