EILAND 1112-GG
EILAND 1112-GG is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jagged Peak Energy LLC. It has 5 wellbores on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 1,819,730 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 $54.9M, with roughly $12.1M 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 17,161 barrels a month, about 3,432 per wellbore. Its strongest month on the record we hold was July 2021, at 72,618 barrels. 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 EILAND 1112-GG
- Who operates EILAND 1112-GG?
- EILAND 1112-GG is operated by Jagged Peak Energy LLC, Railroad Commission of Texas operator number 429574.
- Where is EILAND 1112-GG?
- EILAND 1112-GG is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49498.
- Is EILAND 1112-GG still producing?
- EILAND 1112-GG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EILAND 1112-GG is August 2026.
- How much has EILAND 1112-GG produced?
- EILAND 1112-GG has reported 1,819,730 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 5 wellbores.
- How much is EILAND 1112-GG worth?
- The remaining production from EILAND 1112-GG is estimated to be worth about $54.9M in total as of 27 August 2026, within a range of $45.0M to $64.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EILAND 1112-GG is a fraction of it. The estimate fits an Arps decline curve to the production EILAND 1112-GG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EILAND 1112-GG is an estimate of value, not an offer and not an appraisal.
- How much income does EILAND 1112-GG generate in a year?
- EILAND 1112-GG is forecast to net about $12.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EILAND 1112-GG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jagged Peak Energy LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 49498 |
| Wellbores | 5 |
| Reported production | 1,819,730 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $54.9M |
Where EILAND 1112-GG 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.