EAGLE STATE
EAGLE STATE is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Devon Energy Production Co, L.P. It has 3 wellbores on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 65,371 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 $77K, with roughly $14K 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 18 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was February 2019, at 294 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 EAGLE STATE
- Who operates EAGLE STATE?
- EAGLE STATE is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is EAGLE STATE?
- EAGLE STATE is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43441.
- Is EAGLE STATE still producing?
- EAGLE STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EAGLE STATE is August 2026.
- How much has EAGLE STATE produced?
- EAGLE STATE has reported 65,371 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 3 wellbores.
- How much is EAGLE STATE worth?
- The remaining production from EAGLE STATE is estimated to be worth about $77K in total as of 26 August 2026, within a range of $42K to $111K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EAGLE STATE is a fraction of it. The estimate fits an Arps decline curve to the production EAGLE STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EAGLE STATE is an estimate of value, not an offer and not an appraisal.
- How much income does EAGLE STATE generate in a year?
- EAGLE STATE is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EAGLE STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Running W (Wichita-Albany) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 43441 |
| Wellbores | 3 |
| Reported production | 65,371 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $77K |
Where EAGLE STATE 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.