EASTLAND
EASTLAND is a Texas oil lease in Young County, Railroad Commission district 09, operated by Wes-Mor Drilling, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2020 to August 2026, totalling 7,366 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 $318K, with roughly $61K 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 87 barrels a month. Its strongest month on the record we hold was January 2021, at 197 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 EASTLAND
- Who operates EASTLAND?
- EASTLAND is operated by Wes-Mor Drilling, Inc., Railroad Commission of Texas operator number 908800.
- Where is EASTLAND?
- EASTLAND is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 34183.
- Is EASTLAND still producing?
- EASTLAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EASTLAND is August 2026.
- How much has EASTLAND produced?
- EASTLAND has reported 7,366 barrels of oil (bbl) to the Railroad Commission of Texas between July 2020 and August 2026, from 1 wellbore.
- How much is EASTLAND worth?
- The remaining production from EASTLAND is estimated to be worth about $318K in total as of 26 August 2026, within a range of $175K to $461K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EASTLAND is a fraction of it. The estimate fits an Arps decline curve to the production EASTLAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EASTLAND is an estimate of value, not an offer and not an appraisal.
- How much income does EASTLAND generate in a year?
- EASTLAND is forecast to net about $61K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EASTLAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wes-Mor Drilling, Inc. |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 34183 |
| Wellbores | 1 |
| Reported production | 7,366 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $318K |
Where EASTLAND 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.