OK, so that's 4.2 volts, 1.2 ohms, 15 watts, 3.54 amps. Not counting the efficiency losses in the circuitry.
To bump that battery up to 4.2 volts all the time (the voltage drops as it's used) it has to draw more and more amps to boost it up to snuff.
You're getting a more "even" vape. However, you're also depleating the battery faster as the trade off. A "pure mech" like dr g is saying, will start at 4.2 but will drop pretty quickly to lower voltages...thus being more efficient in the long run as less amps are used not more amps.
Maybe calculate for 3.7 volts. Or even 3.6 volts.
3.7 volts on a 1.2 ohm coil is 11.4 watts
3.6 volts on a 1.2 ohm coils is 10.8 watts
Also, the coil wire makes a huge difference. The real heavy gauge wire takes a lot just to get it to heat. You're better off with a slightly lower gauge wire if that's the case. It will work at 8 or 10 watts easily.
It's all trade-offs.
What wire are you using? I'm using 30 ga wire and it lasts forever and works fine in my RBA and on a regulated mod and I don't have to try to heat a coat-hanger sized wire (). And a set of batteries (this is a 2xAA box mod with 14500's) lasts me over a day.
YMMV. But you have to be aware of the trade offs.
Also...search for "micro coil".