STATE LRP 57-T2-12
STATE LRP 57-T2-12 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Bhp Billiton Pet(Txla Op) Co. It has 1 wellbore on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 2,258,326 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 $51K, with roughly $17K expected over the next twelve months.
| Operator | Bhp Billiton Pet(Txla Op) Co |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 285100 |
| Wellbores | 1 |
| Reported production | 2,258,326 mcf |
| First reported | March 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $51K |
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.