ELTON
ELTON is a Texas gas lease in Young County, Railroad Commission district 09, operated by Cary Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 26,606 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 $73K, with roughly $17K 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 497 thousand cubic feet a month. Its strongest month on the record we hold was August 2022, at 681 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 ELTON
- Who operates ELTON?
- ELTON is operated by Cary Oil & Gas, Inc, Railroad Commission of Texas operator number 138872.
- Where is ELTON?
- ELTON is a Texas gas lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 294313.
- Is ELTON still producing?
- ELTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELTON is August 2026.
- How much has ELTON produced?
- ELTON has reported 26,606 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2022 and August 2026, from 1 wellbore.
- How much is ELTON worth?
- The remaining production from ELTON is estimated to be worth about $73K in total as of 26 August 2026, within a range of $57K to $89K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELTON is a fraction of it. The estimate fits an Arps decline curve to the production ELTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELTON is an estimate of value, not an offer and not an appraisal.
- How much income does ELTON generate in a year?
- ELTON is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cary Oil & Gas, Inc |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 294313 |
| Wellbores | 1 |
| Reported production | 26,606 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $73K |
Where ELTON 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.