CURACAO 18 UNIT

CURACAO 18 UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Colgate Operating, Llc. It has 4 wellbores on file with the Commission. Reported production runs from August 2020 to August 2026, totalling 2,470,290 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 $1.2M, with roughly $274K expected over the next twelve months.

OperatorColgate Operating, Llc
FieldPhantom (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number55601
Wellbores4
Reported production2,470,290 bbl
First reportedAugust 2020
Last reportedAugust 2026
Estimated royalty value$1.2M

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.