STATE WHITE ROCK
STATE WHITE ROCK is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Lakewood Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 3,996,031 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 $10.5M, with roughly $3.8M 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 100,472 thousand cubic feet a month. Its strongest month on the record we hold was January 2024, at 271,167 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 WHITE ROCK
- Who operates STATE WHITE ROCK?
- STATE WHITE ROCK is operated by Lakewood Energy LLC, Railroad Commission of Texas operator number 100119.
- Where is STATE WHITE ROCK?
- STATE WHITE ROCK is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 296399.
- Is STATE WHITE ROCK still producing?
- STATE WHITE ROCK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE WHITE ROCK is August 2026.
- How much has STATE WHITE ROCK produced?
- STATE WHITE ROCK has reported 3,996,031 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2023 and August 2026, from 1 wellbore.
- How much is STATE WHITE ROCK worth?
- The remaining production from STATE WHITE ROCK is estimated to be worth about $10.5M in total as of 26 August 2026, within a range of $8.6M to $12.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE WHITE ROCK is a fraction of it. The estimate fits an Arps decline curve to the production STATE WHITE ROCK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE WHITE ROCK is an estimate of value, not an offer and not an appraisal.
- How much income does STATE WHITE ROCK generate in a year?
- STATE WHITE ROCK is forecast to net about $3.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE WHITE ROCK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lakewood Energy LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 296399 |
| Wellbores | 1 |
| Reported production | 3,996,031 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.5M |
Where STATE WHITE ROCK 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.