FALCON STATE UNIT
FALCON STATE UNIT is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 2016 to August 2026, totalling 395,110 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 $885K, with roughly $224K 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 769 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 22,603 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 FALCON STATE UNIT
- Who operates FALCON STATE UNIT?
- FALCON STATE UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is FALCON STATE UNIT?
- FALCON STATE UNIT is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 289300.
- Is FALCON STATE UNIT still producing?
- FALCON STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FALCON STATE UNIT is August 2026.
- How much has FALCON STATE UNIT produced?
- FALCON STATE UNIT has reported 395,110 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2016 and August 2026, from 1 wellbore.
- How much is FALCON STATE UNIT worth?
- The remaining production from FALCON STATE UNIT is estimated to be worth about $885K in total as of 26 August 2026, within a range of $690K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FALCON STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FALCON 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 FALCON STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FALCON STATE UNIT generate in a year?
- FALCON STATE UNIT is forecast to net about $224K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FALCON STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 289300 |
| Wellbores | 1 |
| Reported production | 395,110 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $885K |
Where FALCON 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.