SKY KING 47
SKY KING 47 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Eagle Oil & Gas Co. It has 3 wellbores on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 516,050 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 $4.9M, with roughly $1.1M 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 1,422 barrels a month, about 474 per wellbore. Its strongest month on the record we hold was February 2017, at 22,860 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SKY KING 47
- Who operates SKY KING 47?
- SKY KING 47 is operated by Eagle Oil & Gas Co., Railroad Commission of Texas operator number 238634.
- Where is SKY KING 47?
- SKY KING 47 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42376.
- Is SKY KING 47 still producing?
- SKY KING 47 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SKY KING 47 is August 2026.
- How much has SKY KING 47 produced?
- SKY KING 47 has reported 516,050 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 3 wellbores.
- How much is SKY KING 47 worth?
- The remaining production from SKY KING 47 is estimated to be worth about $4.9M in total as of 26 August 2026, within a range of $4.1M to $5.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SKY KING 47 is a fraction of it. The estimate fits an Arps decline curve to the production SKY KING 47 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SKY KING 47 is an estimate of value, not an offer and not an appraisal.
- How much income does SKY KING 47 generate in a year?
- SKY KING 47 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SKY KING 47 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eagle Oil & Gas Co. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 42376 |
| Wellbores | 3 |
| Reported production | 516,050 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.9M |
Where SKY KING 47 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.