STATE DOUG 56-T2-33X28 SA
STATE DOUG 56-T2-33X28 SA is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by BPX Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2019 to August 2026, totalling 3,967,329 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 $3.0M, with roughly $1.7M 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 23,221 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 130,999 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 STATE DOUG 56-T2-33X28 SA
- Who operates STATE DOUG 56-T2-33X28 SA?
- STATE DOUG 56-T2-33X28 SA is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is STATE DOUG 56-T2-33X28 SA?
- STATE DOUG 56-T2-33X28 SA is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 288555.
- Is STATE DOUG 56-T2-33X28 SA still producing?
- STATE DOUG 56-T2-33X28 SA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE DOUG 56-T2-33X28 SA is August 2026.
- How much has STATE DOUG 56-T2-33X28 SA produced?
- STATE DOUG 56-T2-33X28 SA has reported 3,967,329 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2019 and August 2026, from 1 wellbore.
- How much is STATE DOUG 56-T2-33X28 SA worth?
- The remaining production from STATE DOUG 56-T2-33X28 SA is estimated to be worth about $3.0M in total as of 27 August 2026, within a range of $2.5M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE DOUG 56-T2-33X28 SA is a fraction of it. The estimate fits an Arps decline curve to the production STATE DOUG 56-T2-33X28 SA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE DOUG 56-T2-33X28 SA is an estimate of value, not an offer and not an appraisal.
- How much income does STATE DOUG 56-T2-33X28 SA generate in a year?
- STATE DOUG 56-T2-33X28 SA is forecast to net about $1.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE DOUG 56-T2-33X28 SA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BPX Operating Company |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 288555 |
| Wellbores | 1 |
| Reported production | 3,967,329 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where STATE DOUG 56-T2-33X28 SA 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.