STONEMAN STATE 3927
STONEMAN STATE 3927 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by PDC Permian, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2019 to August 2026, totalling 7,128,299 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 $7.1M, with roughly $1.6M 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 38,547 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 252,763 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 STONEMAN STATE 3927
- Who operates STONEMAN STATE 3927?
- STONEMAN STATE 3927 is operated by PDC Permian, Inc., Railroad Commission of Texas operator number 646832.
- Where is STONEMAN STATE 3927?
- STONEMAN STATE 3927 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 286927.
- Is STONEMAN STATE 3927 still producing?
- STONEMAN STATE 3927 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STONEMAN STATE 3927 is August 2026.
- How much has STONEMAN STATE 3927 produced?
- STONEMAN STATE 3927 has reported 7,128,299 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2019 and August 2026, from 1 wellbore.
- How much is STONEMAN STATE 3927 worth?
- The remaining production from STONEMAN STATE 3927 is estimated to be worth about $7.1M in total as of 26 August 2026, within a range of $5.8M to $8.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STONEMAN STATE 3927 is a fraction of it. The estimate fits an Arps decline curve to the production STONEMAN STATE 3927 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STONEMAN STATE 3927 is an estimate of value, not an offer and not an appraisal.
- How much income does STONEMAN STATE 3927 generate in a year?
- STONEMAN STATE 3927 is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STONEMAN STATE 3927 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PDC Permian, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 286927 |
| Wellbores | 1 |
| Reported production | 7,128,299 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.1M |
Where STONEMAN STATE 3927 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.