HERMIT 5556
HERMIT 5556 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by PDC Permian, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2017 to August 2026, totalling 8,516,644 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 $3.1M, 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 24,867 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 219,377 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 HERMIT 5556
- Who operates HERMIT 5556?
- HERMIT 5556 is operated by PDC Permian, Inc., Railroad Commission of Texas operator number 646832.
- Where is HERMIT 5556?
- HERMIT 5556 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283414.
- Is HERMIT 5556 still producing?
- HERMIT 5556 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERMIT 5556 is August 2026.
- How much has HERMIT 5556 produced?
- HERMIT 5556 has reported 8,516,644 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2017 and August 2026, from 1 wellbore.
- How much is HERMIT 5556 worth?
- The remaining production from HERMIT 5556 is estimated to be worth about $3.1M in total as of 27 August 2026, within a range of $2.5M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERMIT 5556 is a fraction of it. The estimate fits an Arps decline curve to the production HERMIT 5556 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERMIT 5556 is an estimate of value, not an offer and not an appraisal.
- How much income does HERMIT 5556 generate in a year?
- HERMIT 5556 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 HERMIT 5556 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PDC Permian, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 283414 |
| Wellbores | 1 |
| Reported production | 8,516,644 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where HERMIT 5556 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.