Yes, EELPOUTS is a Scrabble word!

Letter values in Scrabble US: E 1, E 1, L 1, P 3, O 1, U 1, T 1, S 1.

Is it a valid word?

EELPOUTS is a valid word in the official Scrabble dictionary (US), the UK Scrabble Dictionary and Words with Friends (ENABLE).

marine eellike mostly bottom-dwelling fishes of northern seas
elongate freshwater cod of northern Europe and Asia and North America having barbels around its mouth

Also: lota lota.