GANN, E.E.
GANN, E.E. is a Texas oil lease in Eastland County, Railroad Commission district 7B, operated by Joint Resources Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 56,188 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 $213K, with roughly $41K 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 51 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was February 2017, at 157 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 GANN, E.E.
- Who operates GANN, E.E.?
- GANN, E.E. is operated by Joint Resources Company, Railroad Commission of Texas operator number 440742.
- Where is GANN, E.E.?
- GANN, E.E. is a Texas oil lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 14538.
- Is GANN, E.E. still producing?
- GANN, E.E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GANN, E.E. is August 2026.
- How much has GANN, E.E. produced?
- GANN, E.E. has reported 56,188 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is GANN, E.E. worth?
- The remaining production from GANN, E.E. is estimated to be worth about $213K in total as of 26 August 2026, within a range of $117K to $309K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GANN, E.E. is a fraction of it. The estimate fits an Arps decline curve to the production GANN, E.E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GANN, E.E. is an estimate of value, not an offer and not an appraisal.
- How much income does GANN, E.E. generate in a year?
- GANN, E.E. is forecast to net about $41K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GANN, E.E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Joint Resources Company |
|---|---|
| Field | Eastland County Regular |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 14538 |
| Wellbores | 3 |
| Reported production | 56,188 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $213K |
Where GANN, E.E. 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.