BREAKTHROUGH STATE 1009
BREAKTHROUGH STATE 1009 is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Contango Resources, Inc. It has 4 wellbores on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 1,056,838 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 $514K, with roughly $130K expected over the next twelve months.
| Operator | Contango Resources, Inc. |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 53630 |
| Wellbores | 4 |
| Reported production | 1,056,838 bbl |
| First reported | October 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $514K |
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.