STATE AQ
STATE AQ is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Greystone Oil & Gas, LLP. It has 1 wellbore on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 31,299 barrels. 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 $298K, with roughly $57K 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 87 barrels a month. Its strongest month on the record we hold was December 2016, at 330 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 AQ
- Who operates STATE AQ?
- STATE AQ is operated by Greystone Oil & Gas, LLP, Railroad Commission of Texas operator number 333767.
- Where is STATE AQ?
- STATE AQ is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43082.
- Is STATE AQ still producing?
- STATE AQ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE AQ is August 2026.
- How much has STATE AQ produced?
- STATE AQ has reported 31,299 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 1 wellbore.
- How much is STATE AQ worth?
- The remaining production from STATE AQ is estimated to be worth about $298K in total as of 26 August 2026, within a range of $164K to $433K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE AQ is a fraction of it. The estimate fits an Arps decline curve to the production STATE AQ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE AQ is an estimate of value, not an offer and not an appraisal.
- How much income does STATE AQ generate in a year?
- STATE AQ is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE AQ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Greystone Oil & Gas, LLP |
|---|---|
| Field | Emma (Strawn) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 43082 |
| Wellbores | 1 |
| Reported production | 31,299 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $298K |
Where STATE AQ 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.