STATE FOUR QUEENS 56-T3-14X23 YA

STATE FOUR QUEENS 56-T3-14X23 YA 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 December 2024 to August 2026, totalling 990,003 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 $473K, with roughly $178K expected over the next twelve months.

OperatorBpx Operating Company
FieldPhantom (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number299393
Wellbores1
Reported production990,003 mcf
First reportedDecember 2024
Last reportedAugust 2026
Estimated royalty value$473K

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.