CYPRESS STATE UNIT 16
CYPRESS STATE UNIT 16 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Primexx Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 373,633 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 $4.0M, with roughly $801K 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 909 barrels a month. Its strongest month on the record we hold was January 2018, at 36,591 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CYPRESS STATE UNIT 16
- Who operates CYPRESS STATE UNIT 16?
- CYPRESS STATE UNIT 16 is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is CYPRESS STATE UNIT 16?
- CYPRESS STATE UNIT 16 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49483.
- Is CYPRESS STATE UNIT 16 still producing?
- CYPRESS STATE UNIT 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CYPRESS STATE UNIT 16 is August 2026.
- How much has CYPRESS STATE UNIT 16 produced?
- CYPRESS STATE UNIT 16 has reported 373,633 barrels of oil (bbl) to the Railroad Commission of Texas between June 2017 and August 2026, from 1 wellbore.
- How much is CYPRESS STATE UNIT 16 worth?
- The remaining production from CYPRESS STATE UNIT 16 is estimated to be worth about $4.0M in total as of 27 August 2026, within a range of $3.1M to $4.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CYPRESS STATE UNIT 16 is a fraction of it. The estimate fits an Arps decline curve to the production CYPRESS STATE UNIT 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CYPRESS STATE UNIT 16 is an estimate of value, not an offer and not an appraisal.
- How much income does CYPRESS STATE UNIT 16 generate in a year?
- CYPRESS STATE UNIT 16 is forecast to net about $801K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CYPRESS STATE UNIT 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 49483 |
| Wellbores | 1 |
| Reported production | 373,633 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.0M |
Where CYPRESS STATE UNIT 16 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.