BIG HORN 56-1-19
BIG HORN 56-1-19 is a Texas gas lease in Loving County, Railroad Commission district 08, operated by WPX Energy Permian, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 1,742,648 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 $4.0M, with roughly $865K 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 7,763 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 88,718 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 BIG HORN 56-1-19
- Who operates BIG HORN 56-1-19?
- BIG HORN 56-1-19 is operated by WPX Energy Permian, LLC, Railroad Commission of Texas operator number 942623.
- Where is BIG HORN 56-1-19?
- BIG HORN 56-1-19 is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 285171.
- Is BIG HORN 56-1-19 still producing?
- BIG HORN 56-1-19 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIG HORN 56-1-19 is August 2026.
- How much has BIG HORN 56-1-19 produced?
- BIG HORN 56-1-19 has reported 1,742,648 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2018 and August 2026, from 1 wellbore.
- How much is BIG HORN 56-1-19 worth?
- The remaining production from BIG HORN 56-1-19 is estimated to be worth about $4.0M in total as of 27 August 2026, within a range of $3.3M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIG HORN 56-1-19 is a fraction of it. The estimate fits an Arps decline curve to the production BIG HORN 56-1-19 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIG HORN 56-1-19 is an estimate of value, not an offer and not an appraisal.
- How much income does BIG HORN 56-1-19 generate in a year?
- BIG HORN 56-1-19 is forecast to net about $865K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BIG HORN 56-1-19 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WPX Energy Permian, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 285171 |
| Wellbores | 1 |
| Reported production | 1,742,648 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.0M |
Where BIG HORN 56-1-19 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.