STATE PHILLIPS 56
STATE PHILLIPS 56 is a Texas gas lease in Reeves County, Railroad Commission district 08. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 1,908,639 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 $44K, with roughly $9K expected over the next twelve months.
| County | Reeves County, Texas |
|---|---|
| RRC district | 08 |
| Lease number | 285143 |
| Wellbores | 1 |
| Reported production | 1,908,639 mcf |
| First reported | October 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $44K |
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.