GAILAN
GAILAN is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Exl Petroleum, LP. It has 8 wellbores on file with the Commission. Reported production runs from August 2007 to August 2026, totalling 441,751 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 $953K, with roughly $235K 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 362 barrels a month, about 45 per wellbore. Its strongest month on the record we hold was May 2016, at 2,266 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GAILAN
- Who operates GAILAN?
- GAILAN is operated by Exl Petroleum, LP, Railroad Commission of Texas operator number 256791.
- Where is GAILAN?
- GAILAN is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39392.
- Is GAILAN still producing?
- GAILAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GAILAN is August 2026.
- How much has GAILAN produced?
- GAILAN has reported 441,751 barrels of oil (bbl) to the Railroad Commission of Texas between August 2007 and August 2026, from 8 wellbores.
- How much is GAILAN worth?
- The remaining production from GAILAN is estimated to be worth about $953K in total as of 26 August 2026, within a range of $744K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GAILAN is a fraction of it. The estimate fits an Arps decline curve to the production GAILAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GAILAN is an estimate of value, not an offer and not an appraisal.
- How much income does GAILAN generate in a year?
- GAILAN is forecast to net about $235K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GAILAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exl Petroleum, LP |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 39392 |
| Wellbores | 8 |
| Reported production | 441,751 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $953K |
Where GAILAN 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.