IWO JIMA 26-14 UNIT
IWO JIMA 26-14 UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Colgate Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2022 to August 2026, totalling 1,100,078 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 $3.7M, with roughly $1.1M 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 12,689 thousand cubic feet a month. Its strongest month on the record we hold was June 2022, at 57,734 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 IWO JIMA 26-14 UNIT
- Who operates IWO JIMA 26-14 UNIT?
- IWO JIMA 26-14 UNIT is operated by Colgate Operating, LLC, Railroad Commission of Texas operator number 167327.
- Where is IWO JIMA 26-14 UNIT?
- IWO JIMA 26-14 UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 294386.
- Is IWO JIMA 26-14 UNIT still producing?
- IWO JIMA 26-14 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IWO JIMA 26-14 UNIT is August 2026.
- How much has IWO JIMA 26-14 UNIT produced?
- IWO JIMA 26-14 UNIT has reported 1,100,078 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2022 and August 2026, from 1 wellbore.
- How much is IWO JIMA 26-14 UNIT worth?
- The remaining production from IWO JIMA 26-14 UNIT is estimated to be worth about $3.7M in total as of 26 August 2026, within a range of $3.1M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IWO JIMA 26-14 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production IWO JIMA 26-14 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IWO JIMA 26-14 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does IWO JIMA 26-14 UNIT generate in a year?
- IWO JIMA 26-14 UNIT is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in IWO JIMA 26-14 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Colgate Operating, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 294386 |
| Wellbores | 1 |
| Reported production | 1,100,078 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where IWO JIMA 26-14 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.