EUBANKS
EUBANKS is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Lem Operating Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,763 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 $12K, with roughly $2K 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 4 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was June 2017, at 23 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 EUBANKS
- Who operates EUBANKS?
- EUBANKS is operated by Lem Operating Co., Inc., Railroad Commission of Texas operator number 496350.
- Where is EUBANKS?
- EUBANKS is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 64822.
- Is EUBANKS still producing?
- EUBANKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EUBANKS is August 2026.
- How much has EUBANKS produced?
- EUBANKS has reported 3,763 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is EUBANKS worth?
- The remaining production from EUBANKS is estimated to be worth about $12K in total as of 27 August 2026, within a range of $0 to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EUBANKS is a fraction of it. The estimate fits an Arps decline curve to the production EUBANKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EUBANKS is an estimate of value, not an offer and not an appraisal.
- How much income does EUBANKS generate in a year?
- EUBANKS is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EUBANKS 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 | 64822 |
| Wellbores | 2 |
| Reported production | 3,763 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where EUBANKS 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.