ELDER, DAVE "B"
ELDER, DAVE "B" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by United Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 31,818 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 $227K, with roughly $44K 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 65 barrels a month. Its strongest month on the record we hold was December 2021, at 280 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 ELDER, DAVE "B"
- Who operates ELDER, DAVE "B"?
- ELDER, DAVE "B" is operated by United Company, Railroad Commission of Texas operator number 877160.
- Where is ELDER, DAVE "B"?
- ELDER, DAVE "B" is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 00854.
- Is ELDER, DAVE "B" still producing?
- ELDER, DAVE "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELDER, DAVE "B" is August 2026.
- How much has ELDER, DAVE "B" produced?
- ELDER, DAVE "B" has reported 31,818 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ELDER, DAVE "B" worth?
- The remaining production from ELDER, DAVE "B" is estimated to be worth about $227K in total as of 26 August 2026, within a range of $125K to $329K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELDER, DAVE "B" is a fraction of it. The estimate fits an Arps decline curve to the production ELDER, DAVE "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELDER, DAVE "B" is an estimate of value, not an offer and not an appraisal.
- How much income does ELDER, DAVE "B" generate in a year?
- ELDER, DAVE "B" is forecast to net about $44K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELDER, DAVE "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | United Company |
|---|---|
| Field | Mccamey |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 00854 |
| Wellbores | 1 |
| Reported production | 31,818 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $227K |
Where ELDER, DAVE "B" 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.