PHILIPS-BONNVILLE
PHILIPS-BONNVILLE is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Eland Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 64,056 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 $566K, with roughly $109K 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 148 barrels a month. Its strongest month on the record we hold was October 2016, at 212 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 PHILIPS-BONNVILLE
- Who operates PHILIPS-BONNVILLE?
- PHILIPS-BONNVILLE is operated by Eland Energy, Inc., Railroad Commission of Texas operator number 246565.
- Where is PHILIPS-BONNVILLE?
- PHILIPS-BONNVILLE is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 11646.
- Is PHILIPS-BONNVILLE still producing?
- PHILIPS-BONNVILLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILIPS-BONNVILLE is August 2026.
- How much has PHILIPS-BONNVILLE produced?
- PHILIPS-BONNVILLE has reported 64,056 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PHILIPS-BONNVILLE worth?
- The remaining production from PHILIPS-BONNVILLE is estimated to be worth about $566K in total as of 26 August 2026, within a range of $441K to $690K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILIPS-BONNVILLE is a fraction of it. The estimate fits an Arps decline curve to the production PHILIPS-BONNVILLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILIPS-BONNVILLE is an estimate of value, not an offer and not an appraisal.
- How much income does PHILIPS-BONNVILLE generate in a year?
- PHILIPS-BONNVILLE is forecast to net about $109K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHILIPS-BONNVILLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eland Energy, Inc. |
|---|---|
| Field | Chapel Hill (Pettit) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 11646 |
| Wellbores | 1 |
| Reported production | 64,056 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $566K |
Where PHILIPS-BONNVILLE 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.