CHEROKEE STATE
CHEROKEE STATE is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 3,586,490 thousand cubic feet. The lease is intermittent. 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 $12K, with roughly $5K 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 5,041 thousand cubic feet a month. Its strongest month on the record we hold was November 2019, at 261,888 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 CHEROKEE STATE
- Who operates CHEROKEE STATE?
- CHEROKEE STATE is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is CHEROKEE STATE?
- CHEROKEE STATE is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 288321.
- Is CHEROKEE STATE still producing?
- CHEROKEE STATE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CHEROKEE STATE is August 2026.
- How much has CHEROKEE STATE produced?
- CHEROKEE STATE has reported 3,586,490 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2019 and August 2026, from 1 wellbore.
- How much is CHEROKEE STATE worth?
- The remaining production from CHEROKEE STATE is estimated to be worth about $12K in total as of 27 August 2026, within a range of $10K to $14K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEROKEE STATE is a fraction of it. The estimate fits an Arps decline curve to the production CHEROKEE STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEROKEE STATE is an estimate of value, not an offer and not an appraisal.
- How much income does CHEROKEE STATE generate in a year?
- CHEROKEE STATE is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHEROKEE STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Alpine High (Cons) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 288321 |
| Wellbores | 1 |
| Reported production | 3,586,490 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where CHEROKEE STATE 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.