SALT DRAW STATE 1 UNIT
SALT DRAW STATE 1 UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Arete Creek Operating, Llc. It has 1 wellbore on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 366,318 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 $48K, with roughly $21K expected over the next twelve months.
| Operator | Arete Creek Operating, Llc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 299997 |
| Wellbores | 1 |
| Reported production | 366,318 mcf |
| First reported | July 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $48K |
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.