GAIL 9
GAIL 9 is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Sharp Image Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 38,355 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 $10K, with roughly $2K 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 3 barrels a month. Its strongest month on the record we hold was April 2017, at 368 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GAIL 9
- Who operates GAIL 9?
- GAIL 9 is operated by Sharp Image Energy, Inc., Railroad Commission of Texas operator number 770731.
- Where is GAIL 9?
- GAIL 9 is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69985.
- Is GAIL 9 still producing?
- GAIL 9 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GAIL 9 is August 2026.
- How much has GAIL 9 produced?
- GAIL 9 has reported 38,355 barrels of oil (bbl) to the Railroad Commission of Texas between April 2012 and August 2026, from 1 wellbore.
- How much is GAIL 9 worth?
- The remaining production from GAIL 9 is estimated to be worth about $10K in total as of 27 August 2026, within a range of $0 to $20K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GAIL 9 is a fraction of it. The estimate fits an Arps decline curve to the production GAIL 9 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GAIL 9 is an estimate of value, not an offer and not an appraisal.
- How much income does GAIL 9 generate in a year?
- GAIL 9 is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GAIL 9 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sharp Image Energy, Inc. |
|---|---|
| Field | Romac (Mississippian) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 69985 |
| Wellbores | 1 |
| Reported production | 38,355 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where GAIL 9 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.