WILLOW STATE UNIT
WILLOW STATE UNIT 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 November 2019 to August 2026, totalling 7,814,638 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 $5K, with roughly $832 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 122,769 thousand cubic feet a month. Its strongest month on the record we hold was June 2023, at 390,450 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 WILLOW STATE UNIT
- Who operates WILLOW STATE UNIT?
- WILLOW STATE UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is WILLOW STATE UNIT?
- WILLOW STATE UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 291384.
- Is WILLOW STATE UNIT still producing?
- WILLOW STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILLOW STATE UNIT is August 2026.
- How much has WILLOW STATE UNIT produced?
- WILLOW STATE UNIT has reported 7,814,638 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2019 and August 2026, from 1 wellbore.
- How much is WILLOW STATE UNIT worth?
- The remaining production from WILLOW STATE UNIT is estimated to be worth about $5K in total as of 26 August 2026, within a range of $4K to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILLOW STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WILLOW STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILLOW STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WILLOW STATE UNIT generate in a year?
- WILLOW STATE UNIT is forecast to net about $832 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WILLOW STATE UNIT 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 | 291384 |
| Wellbores | 1 |
| Reported production | 7,814,638 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where WILLOW STATE UNIT 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.