ELLIOTT
ELLIOTT is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Russell, T. Operating Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 350,777 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 $89K, with roughly $16K 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 731 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 1,281 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 ELLIOTT
- Who operates ELLIOTT?
- ELLIOTT is operated by Russell, T. Operating Inc., Railroad Commission of Texas operator number 737140.
- Where is ELLIOTT?
- ELLIOTT is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 121467.
- Is ELLIOTT still producing?
- ELLIOTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELLIOTT is August 2026.
- How much has ELLIOTT produced?
- ELLIOTT has reported 350,777 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ELLIOTT worth?
- The remaining production from ELLIOTT is estimated to be worth about $89K in total as of 26 August 2026, within a range of $69K to $108K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELLIOTT is a fraction of it. The estimate fits an Arps decline curve to the production ELLIOTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELLIOTT is an estimate of value, not an offer and not an appraisal.
- How much income does ELLIOTT generate in a year?
- ELLIOTT is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELLIOTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Russell, T. Operating Inc. |
|---|---|
| Field | Ibex, East (Caddo Lime) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 121467 |
| Wellbores | 1 |
| Reported production | 350,777 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $89K |
Where ELLIOTT 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.