TREES "20"
TREES "20" is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2001 to August 2026, totalling 2,310,189 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 $41K, with roughly $17K 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 1,300 thousand cubic feet a month. Its strongest month on the record we hold was August 2023, at 7,946 thousand cubic feet. 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 TREES "20"
- Who operates TREES "20"?
- TREES "20" is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is TREES "20"?
- TREES "20" is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 192283.
- Is TREES "20" still producing?
- TREES "20" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TREES "20" is August 2026.
- How much has TREES "20" produced?
- TREES "20" has reported 2,310,189 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2001 and August 2026, from 1 wellbore.
- How much is TREES "20" worth?
- The remaining production from TREES "20" is estimated to be worth about $41K in total as of 27 August 2026, within a range of $34K to $48K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TREES "20" is a fraction of it. The estimate fits an Arps decline curve to the production TREES "20" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TREES "20" is an estimate of value, not an offer and not an appraisal.
- How much income does TREES "20" generate in a year?
- TREES "20" is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TREES "20" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Waha (Montoya FB-2) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 192283 |
| Wellbores | 1 |
| Reported production | 2,310,189 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $41K |
Where TREES "20" 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.