CORSAIR STATE UNIT
CORSAIR STATE UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by 1920 Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2025 to August 2026, totalling 506,473 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 the whole lease — a 100% undivided interest — at about $48.0M, with roughly $10.1M 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 73,637 thousand cubic feet a month. Its strongest month on the record we hold was December 2025, at 107,269 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 CORSAIR STATE UNIT
- Who operates CORSAIR STATE UNIT?
- CORSAIR STATE UNIT is operated by 1920 Energy, LLC, Railroad Commission of Texas operator number 194397.
- Where is CORSAIR STATE UNIT?
- CORSAIR STATE UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 300992.
- Is CORSAIR STATE UNIT still producing?
- CORSAIR STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORSAIR STATE UNIT is August 2026.
- How much has CORSAIR STATE UNIT produced?
- CORSAIR STATE UNIT has reported 506,473 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2025 and August 2026, from 1 wellbore.
- How much is CORSAIR STATE UNIT worth?
- The remaining production from CORSAIR STATE UNIT is estimated to be worth about $48.0M in total as of 26 August 2026, within a range of $39.3M to $56.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORSAIR STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CORSAIR STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORSAIR STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CORSAIR STATE UNIT generate in a year?
- CORSAIR STATE UNIT is forecast to net about $10.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CORSAIR STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 1920 Energy, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 300992 |
| Wellbores | 1 |
| Reported production | 506,473 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $48.0M |
Where CORSAIR STATE UNIT 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.