CBR 12-1S-56-1
CBR 12-1S-56-1 is a Texas gas lease in Loving County, Railroad Commission district 08, operated by WPX Energy Permian, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2024 to August 2026, totalling 3,725,991 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 $13.5M, with roughly $4.1M 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 93,351 thousand cubic feet a month. Its strongest month on the record we hold was August 2024, at 395,858 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 CBR 12-1S-56-1
- Who operates CBR 12-1S-56-1?
- CBR 12-1S-56-1 is operated by WPX Energy Permian, LLC, Railroad Commission of Texas operator number 942623.
- Where is CBR 12-1S-56-1?
- CBR 12-1S-56-1 is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 297985.
- Is CBR 12-1S-56-1 still producing?
- CBR 12-1S-56-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CBR 12-1S-56-1 is August 2026.
- How much has CBR 12-1S-56-1 produced?
- CBR 12-1S-56-1 has reported 3,725,991 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2024 and August 2026, from 1 wellbore.
- How much is CBR 12-1S-56-1 worth?
- The remaining production from CBR 12-1S-56-1 is estimated to be worth about $13.5M in total as of 26 August 2026, within a range of $11.0M to $15.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CBR 12-1S-56-1 is a fraction of it. The estimate fits an Arps decline curve to the production CBR 12-1S-56-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CBR 12-1S-56-1 is an estimate of value, not an offer and not an appraisal.
- How much income does CBR 12-1S-56-1 generate in a year?
- CBR 12-1S-56-1 is forecast to net about $4.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CBR 12-1S-56-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WPX Energy Permian, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 297985 |
| Wellbores | 1 |
| Reported production | 3,725,991 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $13.5M |
Where CBR 12-1S-56-1 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.