KNIGHT 4-51
KNIGHT 4-51 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Centennial Resource Prod, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2017 to August 2026, totalling 1,553,424 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 $2.5M, with roughly $614K 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 6,946 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 95,237 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 KNIGHT 4-51
- Who operates KNIGHT 4-51?
- KNIGHT 4-51 is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
- Where is KNIGHT 4-51?
- KNIGHT 4-51 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283964.
- Is KNIGHT 4-51 still producing?
- KNIGHT 4-51 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KNIGHT 4-51 is August 2026.
- How much has KNIGHT 4-51 produced?
- KNIGHT 4-51 has reported 1,553,424 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2017 and August 2026, from 1 wellbore.
- How much is KNIGHT 4-51 worth?
- The remaining production from KNIGHT 4-51 is estimated to be worth about $2.5M in total as of 27 August 2026, within a range of $2.1M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KNIGHT 4-51 is a fraction of it. The estimate fits an Arps decline curve to the production KNIGHT 4-51 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KNIGHT 4-51 is an estimate of value, not an offer and not an appraisal.
- How much income does KNIGHT 4-51 generate in a year?
- KNIGHT 4-51 is forecast to net about $614K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KNIGHT 4-51 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Centennial Resource Prod, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 283964 |
| Wellbores | 1 |
| Reported production | 1,553,424 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where KNIGHT 4-51 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.