STATE MUDDY WATERS UNIT
STATE MUDDY WATERS UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2022 to August 2026, totalling 1,762,284 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 $2.6M, with roughly $605K 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 17,241 thousand cubic feet a month. Its strongest month on the record we hold was September 2023, at 317,254 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 MUDDY WATERS UNIT
- Who operates STATE MUDDY WATERS UNIT?
- STATE MUDDY WATERS UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is STATE MUDDY WATERS UNIT?
- STATE MUDDY WATERS UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 292945.
- Is STATE MUDDY WATERS UNIT still producing?
- STATE MUDDY WATERS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE MUDDY WATERS UNIT is August 2026.
- How much has STATE MUDDY WATERS UNIT produced?
- STATE MUDDY WATERS UNIT has reported 1,762,284 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2022 and August 2026, from 1 wellbore.
- How much is STATE MUDDY WATERS UNIT worth?
- The remaining production from STATE MUDDY WATERS UNIT is estimated to be worth about $2.6M in total as of 26 August 2026, within a range of $2.1M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE MUDDY WATERS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STATE MUDDY WATERS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE MUDDY WATERS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STATE MUDDY WATERS UNIT generate in a year?
- STATE MUDDY WATERS UNIT is forecast to net about $605K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE MUDDY WATERS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 292945 |
| Wellbores | 1 |
| Reported production | 1,762,284 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where STATE MUDDY WATERS 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.