STATE FOUR QUEENS 56-T3-14X23 YB
STATE FOUR QUEENS 56-T3-14X23 YB 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 1,025,976 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 $463K, with roughly $176K expected over the next twelve months.
| Operator | Bpx Operating Company |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 299405 |
| Wellbores | 1 |
| Reported production | 1,025,976 mcf |
| First reported | December 2024 |
| Last reported | August 2026 |
| Estimated royalty value | $463K |
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.