TETRIS 21601 18
TETRIS 21601 18 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Bta Oil Producers, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2022 to August 2026, totalling 1,918,292 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 $9.9M, with roughly $2.4M 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 28,333 thousand cubic feet a month. Its strongest month on the record we hold was September 2022, at 87,281 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 TETRIS 21601 18
- Who operates TETRIS 21601 18?
- TETRIS 21601 18 is operated by Bta Oil Producers, LLC, Railroad Commission of Texas operator number 041867.
- Where is TETRIS 21601 18?
- TETRIS 21601 18 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 293438.
- Is TETRIS 21601 18 still producing?
- TETRIS 21601 18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TETRIS 21601 18 is August 2026.
- How much has TETRIS 21601 18 produced?
- TETRIS 21601 18 has reported 1,918,292 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2022 and August 2026, from 1 wellbore.
- How much is TETRIS 21601 18 worth?
- The remaining production from TETRIS 21601 18 is estimated to be worth about $9.9M in total as of 27 August 2026, within a range of $8.1M to $11.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TETRIS 21601 18 is a fraction of it. The estimate fits an Arps decline curve to the production TETRIS 21601 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TETRIS 21601 18 is an estimate of value, not an offer and not an appraisal.
- How much income does TETRIS 21601 18 generate in a year?
- TETRIS 21601 18 is forecast to net about $2.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TETRIS 21601 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bta Oil Producers, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 293438 |
| Wellbores | 1 |
| Reported production | 1,918,292 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.9M |
Where TETRIS 21601 18 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.