STATE EILAND UNIT 9-33

STATE EILAND UNIT 9-33 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jagged Peak Energy LLC. It has 3 wellbores on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 1,318,408 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 $9.3M, with roughly $2.9M 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 4,327 barrels a month, about 1,442 per wellbore. Its strongest month on the record we hold was August 2017, at 46,087 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 STATE EILAND UNIT 9-33

Who operates STATE EILAND UNIT 9-33?
STATE EILAND UNIT 9-33 is operated by Jagged Peak Energy LLC, Railroad Commission of Texas operator number 429574.
Where is STATE EILAND UNIT 9-33?
STATE EILAND UNIT 9-33 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48549.
Is STATE EILAND UNIT 9-33 still producing?
STATE EILAND UNIT 9-33 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE EILAND UNIT 9-33 is August 2026.
How much has STATE EILAND UNIT 9-33 produced?
STATE EILAND UNIT 9-33 has reported 1,318,408 barrels of oil (bbl) to the Railroad Commission of Texas between November 2016 and August 2026, from 3 wellbores.
How much is STATE EILAND UNIT 9-33 worth?
The remaining production from STATE EILAND UNIT 9-33 is estimated to be worth about $9.3M in total as of 26 August 2026, within a range of $7.7M to $10.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE EILAND UNIT 9-33 is a fraction of it. The estimate fits an Arps decline curve to the production STATE EILAND UNIT 9-33 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE EILAND UNIT 9-33 is an estimate of value, not an offer and not an appraisal.
How much income does STATE EILAND UNIT 9-33 generate in a year?
STATE EILAND UNIT 9-33 is forecast to net about $2.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE EILAND UNIT 9-33 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

STATE EILAND UNIT 9-33 as filed with the Railroad Commission of Texas
OperatorJagged Peak Energy LLC
FieldPhantom (Wolfcamp)
CountyWard County, Texas
RRC district08
Lease number48549
Wellbores3
Reported production1,318,408 bbl
First reported
Last reported
Estimated royalty value$9.3M

Where STATE EILAND UNIT 9-33 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.