STATE SILVERADO 58-T2-48X37
STATE SILVERADO 58-T2-48X37 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 November 2024 to August 2026, totalling 1,287,129 thousand cubic feet. The lease is intermittent. 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 $43.9M, with roughly $9.1M 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 100,590 thousand cubic feet a month. Its strongest month on the record we hold was July 2025, at 212,493 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 STATE SILVERADO 58-T2-48X37
- Who operates STATE SILVERADO 58-T2-48X37?
- STATE SILVERADO 58-T2-48X37 is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is STATE SILVERADO 58-T2-48X37?
- STATE SILVERADO 58-T2-48X37 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 299945.
- Is STATE SILVERADO 58-T2-48X37 still producing?
- STATE SILVERADO 58-T2-48X37 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for STATE SILVERADO 58-T2-48X37 is August 2026.
- How much has STATE SILVERADO 58-T2-48X37 produced?
- STATE SILVERADO 58-T2-48X37 has reported 1,287,129 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2024 and August 2026, from 1 wellbore.
- How much is STATE SILVERADO 58-T2-48X37 worth?
- The remaining production from STATE SILVERADO 58-T2-48X37 is estimated to be worth about $43.9M in total as of 26 August 2026, within a range of $36.0M to $51.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE SILVERADO 58-T2-48X37 is a fraction of it. The estimate fits an Arps decline curve to the production STATE SILVERADO 58-T2-48X37 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE SILVERADO 58-T2-48X37 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE SILVERADO 58-T2-48X37 generate in a year?
- STATE SILVERADO 58-T2-48X37 is forecast to net about $9.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE SILVERADO 58-T2-48X37 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BPX Operating Company |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 299945 |
| Wellbores | 1 |
| Reported production | 1,287,129 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $43.9M |
Where STATE SILVERADO 58-T2-48X37 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.