REEVES TXL FEE UNIT
REEVES TXL FEE UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,562,413 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 $31K, with roughly $4K 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 316 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 9,897 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 REEVES TXL FEE UNIT
- Who operates REEVES TXL FEE UNIT?
- REEVES TXL FEE UNIT is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is REEVES TXL FEE UNIT?
- REEVES TXL FEE UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 049648.
- Is REEVES TXL FEE UNIT still producing?
- REEVES TXL FEE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REEVES TXL FEE UNIT is August 2026.
- How much has REEVES TXL FEE UNIT produced?
- REEVES TXL FEE UNIT has reported 1,562,413 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is REEVES TXL FEE UNIT worth?
- The remaining production from REEVES TXL FEE UNIT is estimated to be worth about $31K in total as of 26 August 2026, within a range of $24K to $38K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REEVES TXL FEE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production REEVES TXL FEE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REEVES TXL FEE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does REEVES TXL FEE UNIT generate in a year?
- REEVES TXL FEE UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REEVES TXL FEE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Toro (Ellenburger) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 049648 |
| Wellbores | 1 |
| Reported production | 1,562,413 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where REEVES TXL FEE 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.