CAPPS FARMS

CAPPS FARMS is a Texas gas lease in Midland County, Railroad Commission district 08, operated by Platform Operating, Llc. It has 1 wellbore on file with the Commission. Reported production runs from May 2021 to August 2026, totalling 434,700 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 $6K, with roughly $2K expected over the next twelve months.

OperatorPlatform Operating, Llc
FieldParks (Devonian)
CountyMidland County, Texas
RRC district08
Lease number291014
Wellbores1
Reported production434,700 mcf
First reportedMay 2021
Last reportedAugust 2026
Estimated royalty value$6K

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.