STATE PACIFIC 55-T2-8
STATE PACIFIC 55-T2-8 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by BPX Operating Company. It has 3 wellbores on file with the Commission. Reported production runs from January 2019 to August 2026, totalling 1,170,722 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 $20.7M, with roughly $4.9M 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 6,221 barrels a month, about 2,074 per wellbore. Its strongest month on the record we hold was September 2019, at 49,949 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 PACIFIC 55-T2-8
- Who operates STATE PACIFIC 55-T2-8?
- STATE PACIFIC 55-T2-8 is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is STATE PACIFIC 55-T2-8?
- STATE PACIFIC 55-T2-8 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52582.
- Is STATE PACIFIC 55-T2-8 still producing?
- STATE PACIFIC 55-T2-8 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE PACIFIC 55-T2-8 is August 2026.
- How much has STATE PACIFIC 55-T2-8 produced?
- STATE PACIFIC 55-T2-8 has reported 1,170,722 barrels of oil (bbl) to the Railroad Commission of Texas between January 2019 and August 2026, from 3 wellbores.
- How much is STATE PACIFIC 55-T2-8 worth?
- The remaining production from STATE PACIFIC 55-T2-8 is estimated to be worth about $20.7M in total as of 27 August 2026, within a range of $17.2M to $24.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE PACIFIC 55-T2-8 is a fraction of it. The estimate fits an Arps decline curve to the production STATE PACIFIC 55-T2-8 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE PACIFIC 55-T2-8 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE PACIFIC 55-T2-8 generate in a year?
- STATE PACIFIC 55-T2-8 is forecast to net about $4.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE PACIFIC 55-T2-8 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BPX Operating Company |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 52582 |
| Wellbores | 3 |
| Reported production | 1,170,722 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20.7M |
Where STATE PACIFIC 55-T2-8 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.