STATE EILAND 6047B-34

STATE EILAND 6047B-34 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jagged Peak Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 474,277 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 $3.6M, with roughly $1.0M 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 1,613 barrels a month. Its strongest month on the record we hold was November 2018, at 23,066 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 STATE EILAND 6047B-34

Who operates STATE EILAND 6047B-34?: STATE EILAND 6047B-34 is operated by Jagged Peak Energy LLC, Railroad Commission of Texas operator number 429574.
Where is STATE EILAND 6047B-34?: STATE EILAND 6047B-34 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51197.
Is STATE EILAND 6047B-34 still producing?: STATE EILAND 6047B-34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE EILAND 6047B-34 is August 2026.
How much has STATE EILAND 6047B-34 produced?: STATE EILAND 6047B-34 has reported 474,277 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
How much is STATE EILAND 6047B-34 worth?: The remaining production from STATE EILAND 6047B-34 is estimated to be worth about $3.6M in total as of 27 August 2026, within a range of $3.0M to $4.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE EILAND 6047B-34 is a fraction of it. The estimate fits an Arps decline curve to the production STATE EILAND 6047B-34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE EILAND 6047B-34 is an estimate of value, not an offer and not an appraisal.
How much income does STATE EILAND 6047B-34 generate in a year?: STATE EILAND 6047B-34 is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE EILAND 6047B-34 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

STATE EILAND 6047B-34 as filed with the Railroad Commission of Texas
Operator	Jagged Peak Energy LLC
Field	Phantom (Wolfcamp)
County	Ward County, Texas
RRC district	08
Lease number	51197
Wellbores	1
Reported production	474,277 bbl
First reported	September 2018
Last reported	August 2026
Estimated royalty value	$3.6M

Where STATE EILAND 6047B-34 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.