STATE LEE WAY 57-T2-10X3 XA

STATE LEE WAY 57-T2-10X3 XA 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 January 2023 to August 2026, totalling 1,919,815 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 $644K, with roughly $130K expected over the next twelve months.

OperatorBpx Operating Company
FieldPhantom (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number296138
Wellbores1
Reported production1,919,815 mcf
First reportedJanuary 2023
Last reportedAugust 2026
Estimated royalty value$644K

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.