EGAN-AC-1
EGAN-AC-1 is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Ineos USA Oil & Gas LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2022 to August 2026, totalling 55,130 barrels. The lease is intermittent. 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 $1.5M, with roughly $299K 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 283 barrels a month. Its strongest month on the record we hold was June 2022, at 5,851 barrels. 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 EGAN-AC-1
- Who operates EGAN-AC-1?
- EGAN-AC-1 is operated by Ineos USA Oil & Gas LLC, Railroad Commission of Texas operator number 424176.
- Where is EGAN-AC-1?
- EGAN-AC-1 is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27972.
- Is EGAN-AC-1 still producing?
- EGAN-AC-1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for EGAN-AC-1 is August 2026.
- How much has EGAN-AC-1 produced?
- EGAN-AC-1 has reported 55,130 barrels of oil (bbl) to the Railroad Commission of Texas between May 2022 and August 2026, from 1 wellbore.
- How much is EGAN-AC-1 worth?
- The remaining production from EGAN-AC-1 is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EGAN-AC-1 is a fraction of it. The estimate fits an Arps decline curve to the production EGAN-AC-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EGAN-AC-1 is an estimate of value, not an offer and not an appraisal.
- How much income does EGAN-AC-1 generate in a year?
- EGAN-AC-1 is forecast to net about $299K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EGAN-AC-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ineos USA Oil & Gas LLC |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 27972 |
| Wellbores | 1 |
| Reported production | 55,130 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where EGAN-AC-1 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.