STATE LINK VJ RANCH 37-48
STATE LINK VJ RANCH 37-48 is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 1,863,766 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 $16.2M, with roughly $5.2M 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 49,715 thousand cubic feet a month. Its strongest month on the record we hold was May 2024, at 211,348 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 STATE LINK VJ RANCH 37-48
- Who operates STATE LINK VJ RANCH 37-48?
- STATE LINK VJ RANCH 37-48 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is STATE LINK VJ RANCH 37-48?
- STATE LINK VJ RANCH 37-48 is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 296609.
- Is STATE LINK VJ RANCH 37-48 still producing?
- STATE LINK VJ RANCH 37-48 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE LINK VJ RANCH 37-48 is August 2026.
- How much has STATE LINK VJ RANCH 37-48 produced?
- STATE LINK VJ RANCH 37-48 has reported 1,863,766 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2023 and August 2026, from 1 wellbore.
- How much is STATE LINK VJ RANCH 37-48 worth?
- The remaining production from STATE LINK VJ RANCH 37-48 is estimated to be worth about $16.2M in total as of 27 August 2026, within a range of $13.3M to $19.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE LINK VJ RANCH 37-48 is a fraction of it. The estimate fits an Arps decline curve to the production STATE LINK VJ RANCH 37-48 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE LINK VJ RANCH 37-48 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE LINK VJ RANCH 37-48 generate in a year?
- STATE LINK VJ RANCH 37-48 is forecast to net about $5.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE LINK VJ RANCH 37-48 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 296609 |
| Wellbores | 1 |
| Reported production | 1,863,766 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.2M |
Where STATE LINK VJ RANCH 37-48 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.