STATE PONY 57-T2-16X9
STATE PONY 57-T2-16X9 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 August 2021 to August 2026, totalling 3,330,845 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 $5.5M, with roughly $2.1M 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 38,316 thousand cubic feet a month. Its strongest month on the record we hold was September 2021, at 201,526 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 PONY 57-T2-16X9
- Who operates STATE PONY 57-T2-16X9?
- STATE PONY 57-T2-16X9 is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is STATE PONY 57-T2-16X9?
- STATE PONY 57-T2-16X9 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 292103.
- Is STATE PONY 57-T2-16X9 still producing?
- STATE PONY 57-T2-16X9 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE PONY 57-T2-16X9 is August 2026.
- How much has STATE PONY 57-T2-16X9 produced?
- STATE PONY 57-T2-16X9 has reported 3,330,845 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2021 and August 2026, from 1 wellbore.
- How much is STATE PONY 57-T2-16X9 worth?
- The remaining production from STATE PONY 57-T2-16X9 is estimated to be worth about $5.5M in total as of 26 August 2026, within a range of $4.5M to $6.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE PONY 57-T2-16X9 is a fraction of it. The estimate fits an Arps decline curve to the production STATE PONY 57-T2-16X9 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE PONY 57-T2-16X9 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE PONY 57-T2-16X9 generate in a year?
- STATE PONY 57-T2-16X9 is forecast to net about $2.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE PONY 57-T2-16X9 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 | 292103 |
| Wellbores | 1 |
| Reported production | 3,330,845 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.5M |
Where STATE PONY 57-T2-16X9 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.