GAILAN

GAILAN is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Exl Petroleum, Lp. It has 8 wellbores on file with the Commission. Reported production runs from August 2007 to August 2026, totalling 441,751 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $22K, with roughly $6K expected over the next twelve months.

OperatorExl Petroleum, Lp
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number39392
Wellbores8
Reported production441,751 bbl
First reportedAugust 2007
Last reportedAugust 2026
Estimated royalty value$22K

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.