IRON CITY STATE
IRON CITY STATE is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Resolute Natural Res. Co., Llc. It has 1 wellbore on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 13,323,270 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 a standard royalty share at about $251K, with roughly $69K expected over the next twelve months.
| Operator | Resolute Natural Res. Co., Llc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 284479 |
| Wellbores | 1 |
| Reported production | 13,323,270 mcf |
| First reported | June 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $251K |
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.