CITIES STATE "20"
CITIES STATE "20" is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Sage Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from October 1998 to August 2026, totalling 13,840 barrels. 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 $2K, with roughly $303 expected over the next twelve months.
| Operator | Sage Energy Company |
|---|---|
| Field | Farmer (San Andres) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 14841 |
| Wellbores | 1 |
| Reported production | 13,840 bbl |
| First reported | October 1998 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
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.