STATE HEDBLOM 56-T3-24
STATE HEDBLOM 56-T3-24 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 July 2018 to August 2026, totalling 3,399,437 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 $319K, with roughly $74K 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 | 286547 |
| Wellbores | 1 |
| Reported production | 3,399,437 mcf |
| First reported | July 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $319K |
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.