HARRISON STATE UNIT 12-24-16

HARRISON STATE UNIT 12-24-16 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Rio Oil And Gas (Permian) Ii,Llc. It has 1 wellbore on file with the Commission. Reported production runs from November 2022 to August 2026, totalling 729,175 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 $16K, with roughly $11K expected over the next twelve months.

OperatorRio Oil And Gas (Permian) Ii,Llc
FieldSandbar (Bone Spring)
CountyReeves County, Texas
RRC district08
Lease number294198
Wellbores1
Reported production729,175 mcf
First reportedNovember 2022
Last reportedAugust 2026
Estimated royalty value$16K

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.