IRON EAGLE DEEP UNIT
IRON EAGLE DEEP UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Centennial Resource Prod, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2021 to August 2026, totalling 1,103,548 thousand cubic feet. 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 $2.3M, with roughly $1.2M 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 7,526 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 50,924 thousand cubic feet. 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 IRON EAGLE DEEP UNIT
- Who operates IRON EAGLE DEEP UNIT?
- IRON EAGLE DEEP UNIT is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
- Where is IRON EAGLE DEEP UNIT?
- IRON EAGLE DEEP UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 291196.
- Is IRON EAGLE DEEP UNIT still producing?
- IRON EAGLE DEEP UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IRON EAGLE DEEP UNIT is August 2026.
- How much has IRON EAGLE DEEP UNIT produced?
- IRON EAGLE DEEP UNIT has reported 1,103,548 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2021 and August 2026, from 1 wellbore.
- How much is IRON EAGLE DEEP UNIT worth?
- The remaining production from IRON EAGLE DEEP UNIT is estimated to be worth about $2.3M in total as of 26 August 2026, within a range of $1.9M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IRON EAGLE DEEP UNIT is a fraction of it. The estimate fits an Arps decline curve to the production IRON EAGLE DEEP UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IRON EAGLE DEEP UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does IRON EAGLE DEEP UNIT generate in a year?
- IRON EAGLE DEEP UNIT is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in IRON EAGLE DEEP UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Centennial Resource Prod, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 291196 |
| Wellbores | 1 |
| Reported production | 1,103,548 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where IRON EAGLE DEEP UNIT 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.