EMERALD B
EMERALD B is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Ogx Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 16,460 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 $414K, with roughly $75K 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 87 barrels a month, about 43 per wellbore. Its strongest month on the record we hold was April 2018, at 1,062 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 EMERALD B
- Who operates EMERALD B?
- EMERALD B is operated by Ogx Operating, LLC, Railroad Commission of Texas operator number 617106.
- Where is EMERALD B?
- EMERALD B is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20143.
- Is EMERALD B still producing?
- EMERALD B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EMERALD B is August 2026.
- How much has EMERALD B produced?
- EMERALD B has reported 16,460 barrels of oil (bbl) to the Railroad Commission of Texas between April 2018 and August 2026, from 2 wellbores.
- How much is EMERALD B worth?
- The remaining production from EMERALD B is estimated to be worth about $414K in total as of 27 August 2026, within a range of $228K to $600K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EMERALD B is a fraction of it. The estimate fits an Arps decline curve to the production EMERALD B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EMERALD B is an estimate of value, not an offer and not an appraisal.
- How much income does EMERALD B generate in a year?
- EMERALD B is forecast to net about $75K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EMERALD B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ogx Operating, LLC |
|---|---|
| Field | Sheep Mountain (Consolidated) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 20143 |
| Wellbores | 2 |
| Reported production | 16,460 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $414K |
Where EMERALD 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.