BELL-CAPPS UNIT 214W
BELL-CAPPS UNIT 214W is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Eagle Oil & Gas Co. It has 7 wellbores on file with the Commission. Reported production runs from January 2011 to August 2026, totalling 928,277 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 $9.9M, with roughly $2.4M 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 2,760 barrels a month, about 394 per wellbore. Its strongest month on the record we hold was June 2021, at 25,086 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BELL-CAPPS UNIT 214W
- Who operates BELL-CAPPS UNIT 214W?
- BELL-CAPPS UNIT 214W is operated by Eagle Oil & Gas Co., Railroad Commission of Texas operator number 238634.
- Where is BELL-CAPPS UNIT 214W?
- BELL-CAPPS UNIT 214W is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40970.
- Is BELL-CAPPS UNIT 214W still producing?
- BELL-CAPPS UNIT 214W is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BELL-CAPPS UNIT 214W is August 2026.
- How much has BELL-CAPPS UNIT 214W produced?
- BELL-CAPPS UNIT 214W has reported 928,277 barrels of oil (bbl) to the Railroad Commission of Texas between January 2011 and August 2026, from 7 wellbores.
- How much is BELL-CAPPS UNIT 214W worth?
- The remaining production from BELL-CAPPS UNIT 214W is estimated to be worth about $9.9M in total as of 26 August 2026, within a range of $8.2M to $11.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BELL-CAPPS UNIT 214W is a fraction of it. The estimate fits an Arps decline curve to the production BELL-CAPPS UNIT 214W has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BELL-CAPPS UNIT 214W is an estimate of value, not an offer and not an appraisal.
- How much income does BELL-CAPPS UNIT 214W generate in a year?
- BELL-CAPPS UNIT 214W is forecast to net about $2.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BELL-CAPPS UNIT 214W receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eagle Oil & Gas Co. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 40970 |
| Wellbores | 7 |
| Reported production | 928,277 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.9M |
Where BELL-CAPPS UNIT 214W 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.