LAZARUS 67 UNIT
LAZARUS 67 UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Colgate Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2017 to August 2026, totalling 1,850,167 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 $1.0M, with roughly $443K 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 6,985 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 111,529 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 LAZARUS 67 UNIT
- Who operates LAZARUS 67 UNIT?
- LAZARUS 67 UNIT is operated by Colgate Operating, LLC, Railroad Commission of Texas operator number 167327.
- Where is LAZARUS 67 UNIT?
- LAZARUS 67 UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 285623.
- Is LAZARUS 67 UNIT still producing?
- LAZARUS 67 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAZARUS 67 UNIT is August 2026.
- How much has LAZARUS 67 UNIT produced?
- LAZARUS 67 UNIT has reported 1,850,167 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2017 and August 2026, from 1 wellbore.
- How much is LAZARUS 67 UNIT worth?
- The remaining production from LAZARUS 67 UNIT is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $835K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAZARUS 67 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LAZARUS 67 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAZARUS 67 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LAZARUS 67 UNIT generate in a year?
- LAZARUS 67 UNIT is forecast to net about $443K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAZARUS 67 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Colgate Operating, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 285623 |
| Wellbores | 1 |
| Reported production | 1,850,167 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where LAZARUS 67 UNIT 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.