EGL
EGL is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2019 to August 2026, totalling 31,243 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 $926K, with roughly $175K 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 219 barrels a month. Its strongest month on the record we hold was June 2020, at 1,612 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 EGL
- Who operates EGL?
- EGL is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is EGL?
- EGL is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52136.
- Is EGL still producing?
- EGL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EGL is August 2026.
- How much has EGL produced?
- EGL has reported 31,243 barrels of oil (bbl) to the Railroad Commission of Texas between February 2019 and August 2026, from 1 wellbore.
- How much is EGL worth?
- The remaining production from EGL is estimated to be worth about $926K in total as of 27 August 2026, within a range of $722K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EGL is a fraction of it. The estimate fits an Arps decline curve to the production EGL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EGL is an estimate of value, not an offer and not an appraisal.
- How much income does EGL generate in a year?
- EGL is forecast to net about $175K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EGL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 52136 |
| Wellbores | 1 |
| Reported production | 31,243 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $926K |
Where EGL 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.