RIO LOBO STATE G
RIO LOBO STATE G is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Permian Resources Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2024 to August 2026, totalling 1,705,885 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 $6.1M, 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 95,510 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 171,163 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 RIO LOBO STATE G
- Who operates RIO LOBO STATE G?
- RIO LOBO STATE G is operated by Permian Resources Operating, LLC, Railroad Commission of Texas operator number 100852.
- Where is RIO LOBO STATE G?
- RIO LOBO STATE G is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 298976.
- Is RIO LOBO STATE G still producing?
- RIO LOBO STATE G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIO LOBO STATE G is August 2026.
- How much has RIO LOBO STATE G produced?
- RIO LOBO STATE G has reported 1,705,885 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2024 and August 2026, from 1 wellbore.
- How much is RIO LOBO STATE G worth?
- The remaining production from RIO LOBO STATE G is estimated to be worth about $6.1M in total as of 26 August 2026, within a range of $5.0M to $7.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIO LOBO STATE G is a fraction of it. The estimate fits an Arps decline curve to the production RIO LOBO STATE G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIO LOBO STATE G is an estimate of value, not an offer and not an appraisal.
- How much income does RIO LOBO STATE G generate in a year?
- RIO LOBO STATE G 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 RIO LOBO STATE G receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Resources Operating, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 298976 |
| Wellbores | 1 |
| Reported production | 1,705,885 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.1M |
Where RIO LOBO STATE G 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.