FOLK 4-34
FOLK 4-34 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by BHP Billiton Pet(Txla Op) Co. It has 1 wellbore on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 438,607 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 $163K, with roughly $29K 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 183 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 4,427 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 FOLK 4-34
- Who operates FOLK 4-34?
- FOLK 4-34 is operated by BHP Billiton Pet(Txla Op) Co, Railroad Commission of Texas operator number 068596.
- Where is FOLK 4-34?
- FOLK 4-34 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 270389.
- Is FOLK 4-34 still producing?
- FOLK 4-34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOLK 4-34 is August 2026.
- How much has FOLK 4-34 produced?
- FOLK 4-34 has reported 438,607 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2013 and August 2026, from 1 wellbore.
- How much is FOLK 4-34 worth?
- The remaining production from FOLK 4-34 is estimated to be worth about $163K in total as of 27 August 2026, within a range of $127K to $199K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOLK 4-34 is a fraction of it. The estimate fits an Arps decline curve to the production FOLK 4-34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOLK 4-34 is an estimate of value, not an offer and not an appraisal.
- How much income does FOLK 4-34 generate in a year?
- FOLK 4-34 is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FOLK 4-34 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BHP Billiton Pet(Txla Op) Co |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 270389 |
| Wellbores | 1 |
| Reported production | 438,607 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $163K |
Where FOLK 4-34 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.