CITATION 32 FEE
CITATION 32 FEE is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Cimarex Energy Co. It has 1 wellbore on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 3,836,443 thousand cubic feet. The lease is intermittent. 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 $367K, with roughly $114K 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 2,418 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 53,850 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 CITATION 32 FEE
- Who operates CITATION 32 FEE?
- CITATION 32 FEE is operated by Cimarex Energy Co., Railroad Commission of Texas operator number 153438.
- Where is CITATION 32 FEE?
- CITATION 32 FEE is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 276052.
- Is CITATION 32 FEE still producing?
- CITATION 32 FEE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CITATION 32 FEE is August 2026.
- How much has CITATION 32 FEE produced?
- CITATION 32 FEE has reported 3,836,443 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
- How much is CITATION 32 FEE worth?
- The remaining production from CITATION 32 FEE is estimated to be worth about $367K in total as of 27 August 2026, within a range of $304K to $429K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CITATION 32 FEE is a fraction of it. The estimate fits an Arps decline curve to the production CITATION 32 FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CITATION 32 FEE is an estimate of value, not an offer and not an appraisal.
- How much income does CITATION 32 FEE generate in a year?
- CITATION 32 FEE is forecast to net about $114K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CITATION 32 FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 276052 |
| Wellbores | 1 |
| Reported production | 3,836,443 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $367K |
Where CITATION 32 FEE 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.