GAZELLE 23
GAZELLE 23 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 5 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 469,642 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 $24K, with roughly $8K expected over the next twelve months.
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 42313 |
| Wellbores | 5 |
| Reported production | 469,642 bbl |
| First reported | September 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $24K |
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.