PISTOL C18-24
PISTOL C18-24 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 August 2017 to August 2026, totalling 2,546,237 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 $4.7M, with roughly $923K 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 11,601 thousand cubic feet a month. Its strongest month on the record we hold was September 2017, at 98,071 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 PISTOL C18-24
- Who operates PISTOL C18-24?
- PISTOL C18-24 is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
- Where is PISTOL C18-24?
- PISTOL C18-24 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 284260.
- Is PISTOL C18-24 still producing?
- PISTOL C18-24 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PISTOL C18-24 is August 2026.
- How much has PISTOL C18-24 produced?
- PISTOL C18-24 has reported 2,546,237 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2017 and August 2026, from 1 wellbore.
- How much is PISTOL C18-24 worth?
- The remaining production from PISTOL C18-24 is estimated to be worth about $4.7M in total as of 27 August 2026, within a range of $3.8M to $5.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PISTOL C18-24 is a fraction of it. The estimate fits an Arps decline curve to the production PISTOL C18-24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PISTOL C18-24 is an estimate of value, not an offer and not an appraisal.
- How much income does PISTOL C18-24 generate in a year?
- PISTOL C18-24 is forecast to net about $923K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PISTOL C18-24 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 | 284260 |
| Wellbores | 1 |
| Reported production | 2,546,237 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.7M |
Where PISTOL C18-24 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.