STATE FOUR QUEENS 56-T3-14X23 B

STATE FOUR QUEENS 56-T3-14X23 B 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 1,085,364 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 $351K, with roughly $137K expected over the next twelve months.

OperatorBpx Operating Company
FieldPhantom (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number299533
Wellbores1
Reported production1,085,364 mcf
First reportedDecember 2024
Last reportedAugust 2026
Estimated royalty value$351K

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.