DARCY STATE 56-T3-22
DARCY STATE 56-T3-22 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 April 2015 to August 2026, totalling 1,939,660 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 $1.3M, with roughly $671K 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 6,947 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 26,842 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 DARCY STATE 56-T3-22
- Who operates DARCY STATE 56-T3-22?
- DARCY STATE 56-T3-22 is operated by BHP Billiton Pet(Txla Op) Co, Railroad Commission of Texas operator number 068596.
- Where is DARCY STATE 56-T3-22?
- DARCY STATE 56-T3-22 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 278241.
- Is DARCY STATE 56-T3-22 still producing?
- DARCY STATE 56-T3-22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DARCY STATE 56-T3-22 is August 2026.
- How much has DARCY STATE 56-T3-22 produced?
- DARCY STATE 56-T3-22 has reported 1,939,660 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2015 and August 2026, from 1 wellbore.
- How much is DARCY STATE 56-T3-22 worth?
- The remaining production from DARCY STATE 56-T3-22 is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.1M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DARCY STATE 56-T3-22 is a fraction of it. The estimate fits an Arps decline curve to the production DARCY STATE 56-T3-22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DARCY STATE 56-T3-22 is an estimate of value, not an offer and not an appraisal.
- How much income does DARCY STATE 56-T3-22 generate in a year?
- DARCY STATE 56-T3-22 is forecast to net about $671K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DARCY STATE 56-T3-22 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 | 278241 |
| Wellbores | 1 |
| Reported production | 1,939,660 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where DARCY STATE 56-T3-22 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.