CBR 16
CBR 16 is a Texas gas lease in Loving County, Railroad Commission district 08, operated by WPX Energy Permian, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2016 to August 2026, totalling 1,402,875 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 $3.3M, with roughly $771K 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 4,678 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 67,639 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CBR 16
- Who operates CBR 16?
- CBR 16 is operated by WPX Energy Permian, LLC, Railroad Commission of Texas operator number 942623.
- Where is CBR 16?
- CBR 16 is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 285723.
- Is CBR 16 still producing?
- CBR 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CBR 16 is August 2026.
- How much has CBR 16 produced?
- CBR 16 has reported 1,402,875 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2016 and August 2026, from 1 wellbore.
- How much is CBR 16 worth?
- The remaining production from CBR 16 is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.7M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CBR 16 is a fraction of it. The estimate fits an Arps decline curve to the production CBR 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CBR 16 is an estimate of value, not an offer and not an appraisal.
- How much income does CBR 16 generate in a year?
- CBR 16 is forecast to net about $771K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CBR 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WPX Energy Permian, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 285723 |
| Wellbores | 1 |
| Reported production | 1,402,875 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where CBR 16 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.