STATE FIREFLY 24 UNIT
STATE FIREFLY 24 UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2016 to August 2026, totalling 2,726,810 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 $1.1M, with roughly $363K 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 4,487 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 137,892 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 STATE FIREFLY 24 UNIT
- Who operates STATE FIREFLY 24 UNIT?
- STATE FIREFLY 24 UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is STATE FIREFLY 24 UNIT?
- STATE FIREFLY 24 UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283636.
- Is STATE FIREFLY 24 UNIT still producing?
- STATE FIREFLY 24 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE FIREFLY 24 UNIT is August 2026.
- How much has STATE FIREFLY 24 UNIT produced?
- STATE FIREFLY 24 UNIT has reported 2,726,810 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2016 and August 2026, from 1 wellbore.
- How much is STATE FIREFLY 24 UNIT worth?
- The remaining production from STATE FIREFLY 24 UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $889K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE FIREFLY 24 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STATE FIREFLY 24 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE FIREFLY 24 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STATE FIREFLY 24 UNIT generate in a year?
- STATE FIREFLY 24 UNIT is forecast to net about $363K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE FIREFLY 24 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 283636 |
| Wellbores | 1 |
| Reported production | 2,726,810 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where STATE FIREFLY 24 UNIT 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.