LOUIS STATE 24
LOUIS STATE 24 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Panther Exploration, Llc. It has 3 wellbores on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 554,822 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 $57K, with roughly $15K expected over the next twelve months.
| Operator | Panther Exploration, Llc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 48486 |
| Wellbores | 3 |
| Reported production | 554,822 bbl |
| First reported | November 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $57K |
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.