PHILLIPS 57
PHILLIPS 57 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from March 2011 to August 2026, totalling 14,562 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 $161K, with roughly $30K 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 38 barrels a month. Its strongest month on the record we hold was July 2016, at 93 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PHILLIPS 57
- Who operates PHILLIPS 57?
- PHILLIPS 57 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is PHILLIPS 57?
- PHILLIPS 57 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41163.
- Is PHILLIPS 57 still producing?
- PHILLIPS 57 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILLIPS 57 is August 2026.
- How much has PHILLIPS 57 produced?
- PHILLIPS 57 has reported 14,562 barrels of oil (bbl) to the Railroad Commission of Texas between March 2011 and August 2026, from 1 wellbore.
- How much is PHILLIPS 57 worth?
- The remaining production from PHILLIPS 57 is estimated to be worth about $161K in total as of 27 August 2026, within a range of $88K to $233K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILLIPS 57 is a fraction of it. The estimate fits an Arps decline curve to the production PHILLIPS 57 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILLIPS 57 is an estimate of value, not an offer and not an appraisal.
- How much income does PHILLIPS 57 generate in a year?
- PHILLIPS 57 is forecast to net about $30K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PHILLIPS 57 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 41163 |
| Wellbores | 1 |
| Reported production | 14,562 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $161K |
Where PHILLIPS 57 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.