LOST KEYS 4345 5U
LOST KEYS 4345 5U is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by PDC Permian, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2022 to August 2026, totalling 2,261,757 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 $7.0M, with roughly $1.9M 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 29,393 thousand cubic feet a month. Its strongest month on the record we hold was May 2023, at 209,378 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 LOST KEYS 4345 5U
- Who operates LOST KEYS 4345 5U?
- LOST KEYS 4345 5U is operated by PDC Permian, Inc., Railroad Commission of Texas operator number 646832.
- Where is LOST KEYS 4345 5U?
- LOST KEYS 4345 5U is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 293490.
- Is LOST KEYS 4345 5U still producing?
- LOST KEYS 4345 5U is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOST KEYS 4345 5U is August 2026.
- How much has LOST KEYS 4345 5U produced?
- LOST KEYS 4345 5U has reported 2,261,757 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2022 and August 2026, from 1 wellbore.
- How much is LOST KEYS 4345 5U worth?
- The remaining production from LOST KEYS 4345 5U is estimated to be worth about $7.0M in total as of 26 August 2026, within a range of $5.7M to $8.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOST KEYS 4345 5U is a fraction of it. The estimate fits an Arps decline curve to the production LOST KEYS 4345 5U has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOST KEYS 4345 5U is an estimate of value, not an offer and not an appraisal.
- How much income does LOST KEYS 4345 5U generate in a year?
- LOST KEYS 4345 5U is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOST KEYS 4345 5U receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PDC Permian, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 293490 |
| Wellbores | 1 |
| Reported production | 2,261,757 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.0M |
Where LOST KEYS 4345 5U 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.