STATE EILAND 1118B
STATE EILAND 1118B is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Continental Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2023 to August 2026, totalling 200,573 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 $179K, with roughly $53K expected over the next twelve months.
| Operator | Continental Resources, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 60496 |
| Wellbores | 1 |
| Reported production | 200,573 bbl |
| First reported | September 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $179K |
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.