LIGON "22" STATE

LIGON "22" STATE is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by TMBR/Sharp Drilling, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2003 to August 2026, totalling 760,801 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 $172K, with roughly $26K 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 1,112 thousand cubic feet a month. Its strongest month on the record we hold was May 2020, at 2,322 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 LIGON "22" STATE

Who operates LIGON "22" STATE?
LIGON "22" STATE is operated by TMBR/Sharp Drilling, Inc., Railroad Commission of Texas operator number 860902.
Where is LIGON "22" STATE?
LIGON "22" STATE is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 200635.
Is LIGON "22" STATE still producing?
LIGON "22" STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIGON "22" STATE is August 2026.
How much has LIGON "22" STATE produced?
LIGON "22" STATE has reported 760,801 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2003 and August 2026, from 1 wellbore.
How much is LIGON "22" STATE worth?
The remaining production from LIGON "22" STATE is estimated to be worth about $172K in total as of 26 August 2026, within a range of $143K to $201K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIGON "22" STATE is a fraction of it. The estimate fits an Arps decline curve to the production LIGON "22" STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIGON "22" STATE is an estimate of value, not an offer and not an appraisal.
How much income does LIGON "22" STATE generate in a year?
LIGON "22" STATE is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LIGON "22" STATE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LIGON "22" STATE as filed with the Railroad Commission of Texas
OperatorTMBR/Sharp Drilling, Inc.
FieldTmbring (Devonian)
CountyReeves County, Texas
RRC district08
Lease number200635
Wellbores1
Reported production760,801 mcf
First reported
Last reported
Estimated royalty value$172K

Where LIGON "22" STATE 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.