SPECTACULAR BID 22 STATE UNIT
SPECTACULAR BID 22 STATE UNIT is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Cimarex Energy Co. It has 1 wellbore on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 6,699,818 thousand cubic feet. 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 $7.5M, with roughly $2.5M 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 55,721 thousand cubic feet a month. Its strongest month on the record we hold was October 2021, at 262,570 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 SPECTACULAR BID 22 STATE UNIT
- Who operates SPECTACULAR BID 22 STATE UNIT?
- SPECTACULAR BID 22 STATE UNIT is operated by Cimarex Energy Co., Railroad Commission of Texas operator number 153438.
- Where is SPECTACULAR BID 22 STATE UNIT?
- SPECTACULAR BID 22 STATE UNIT is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 291547.
- Is SPECTACULAR BID 22 STATE UNIT still producing?
- SPECTACULAR BID 22 STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPECTACULAR BID 22 STATE UNIT is August 2026.
- How much has SPECTACULAR BID 22 STATE UNIT produced?
- SPECTACULAR BID 22 STATE UNIT has reported 6,699,818 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2021 and August 2026, from 1 wellbore.
- How much is SPECTACULAR BID 22 STATE UNIT worth?
- The remaining production from SPECTACULAR BID 22 STATE UNIT is estimated to be worth about $7.5M in total as of 27 August 2026, within a range of $6.1M to $8.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPECTACULAR BID 22 STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SPECTACULAR BID 22 STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPECTACULAR BID 22 STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SPECTACULAR BID 22 STATE UNIT generate in a year?
- SPECTACULAR BID 22 STATE UNIT is forecast to net about $2.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPECTACULAR BID 22 STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 291547 |
| Wellbores | 1 |
| Reported production | 6,699,818 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.5M |
Where SPECTACULAR BID 22 STATE UNIT 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.