SPECTACULAR BID 22 STATE UNIT
SPECTACULAR BID 22 STATE UNIT is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Cimarex Energy Co. It has 1 wellbore on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 5,661,144 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 $110K, with roughly $40K expected over the next twelve months.
| Operator | Cimarex Energy Co. |
|---|---|
| Field | Derby (Bone Spring) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 291548 |
| Wellbores | 1 |
| Reported production | 5,661,144 mcf |
| First reported | July 2021 |
| Last reported | August 2026 |
| Estimated royalty value | $110K |
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.