STATE BARLOW 57-T2-47X38
STATE BARLOW 57-T2-47X38 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by BHP Billiton Pet(Txla Op) Co. It has 1 wellbore on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 598,417 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 $7.9M, with roughly $1.6M 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 2,422 barrels a month. Its strongest month on the record we hold was May 2016, at 13,697 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BARLOW 57-T2-47X38
- Who operates STATE BARLOW 57-T2-47X38?
- STATE BARLOW 57-T2-47X38 is operated by BHP Billiton Pet(Txla Op) Co, Railroad Commission of Texas operator number 068596.
- Where is STATE BARLOW 57-T2-47X38?
- STATE BARLOW 57-T2-47X38 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46563.
- Is STATE BARLOW 57-T2-47X38 still producing?
- STATE BARLOW 57-T2-47X38 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE BARLOW 57-T2-47X38 is August 2026.
- How much has STATE BARLOW 57-T2-47X38 produced?
- STATE BARLOW 57-T2-47X38 has reported 598,417 barrels of oil (bbl) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is STATE BARLOW 57-T2-47X38 worth?
- The remaining production from STATE BARLOW 57-T2-47X38 is estimated to be worth about $7.9M in total as of 27 August 2026, within a range of $6.6M to $9.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE BARLOW 57-T2-47X38 is a fraction of it. The estimate fits an Arps decline curve to the production STATE BARLOW 57-T2-47X38 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE BARLOW 57-T2-47X38 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE BARLOW 57-T2-47X38 generate in a year?
- STATE BARLOW 57-T2-47X38 is forecast to net about $1.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE BARLOW 57-T2-47X38 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BHP Billiton Pet(Txla Op) Co |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 46563 |
| Wellbores | 1 |
| Reported production | 598,417 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.9M |
Where STATE BARLOW 57-T2-47X38 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.