TBD 57-T1-41X32
TBD 57-T1-41X32 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 November 2019 to August 2026, totalling 3,622,111 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 $19.4M, with roughly $4.1M 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 31,009 thousand cubic feet a month. Its strongest month on the record we hold was January 2020, at 112,355 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 TBD 57-T1-41X32
- Who operates TBD 57-T1-41X32?
- TBD 57-T1-41X32 is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is TBD 57-T1-41X32?
- TBD 57-T1-41X32 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 289493.
- Is TBD 57-T1-41X32 still producing?
- TBD 57-T1-41X32 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TBD 57-T1-41X32 is August 2026.
- How much has TBD 57-T1-41X32 produced?
- TBD 57-T1-41X32 has reported 3,622,111 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2019 and August 2026, from 1 wellbore.
- How much is TBD 57-T1-41X32 worth?
- The remaining production from TBD 57-T1-41X32 is estimated to be worth about $19.4M in total as of 27 August 2026, within a range of $15.9M to $23.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TBD 57-T1-41X32 is a fraction of it. The estimate fits an Arps decline curve to the production TBD 57-T1-41X32 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TBD 57-T1-41X32 is an estimate of value, not an offer and not an appraisal.
- How much income does TBD 57-T1-41X32 generate in a year?
- TBD 57-T1-41X32 is forecast to net about $4.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TBD 57-T1-41X32 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 | 289493 |
| Wellbores | 1 |
| Reported production | 3,622,111 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $19.4M |
Where TBD 57-T1-41X32 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.