MAJESTIC STATE 51-13-12 C

MAJESTIC STATE 51-13-12 C is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Oxy Usa Wtp Lp. It has 1 wellbore on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 565,048 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 $398K, with roughly $87K expected over the next twelve months.

OperatorOxy Usa Wtp Lp
FieldWolfbone (Trend Area)
CountyReeves County, Texas
RRC district08
Lease number58020
Wellbores1
Reported production565,048 bbl
First reportedJune 2022
Last reportedAugust 2026
Estimated royalty value$398K

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.