ILES, G. H. "B"
ILES, G. H. "B" is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Delta Oil & Gas Ltd. It has 1 wellbore on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 216,402 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 $44K, with roughly $10K 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 517 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 3,670 thousand cubic feet. 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 ILES, G. H. "B"
- Who operates ILES, G. H. "B"?
- ILES, G. H. "B" is operated by Delta Oil & Gas Ltd., Railroad Commission of Texas operator number 213703.
- Where is ILES, G. H. "B"?
- ILES, G. H. "B" is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 255380.
- Is ILES, G. H. "B" still producing?
- ILES, G. H. "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ILES, G. H. "B" is August 2026.
- How much has ILES, G. H. "B" produced?
- ILES, G. H. "B" has reported 216,402 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2010 and August 2026, from 1 wellbore.
- How much is ILES, G. H. "B" worth?
- The remaining production from ILES, G. H. "B" is estimated to be worth about $44K in total as of 27 August 2026, within a range of $34K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ILES, G. H. "B" is a fraction of it. The estimate fits an Arps decline curve to the production ILES, G. H. "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ILES, G. H. "B" is an estimate of value, not an offer and not an appraisal.
- How much income does ILES, G. H. "B" generate in a year?
- ILES, G. H. "B" is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ILES, G. H. "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Delta Oil & Gas Ltd. |
|---|---|
| Field | Iles (Conglomerate, Upper) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 255380 |
| Wellbores | 1 |
| Reported production | 216,402 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where ILES, G. H. "B" 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.