STATE PROTECTOR 55-T2-2X11 PSA

STATE PROTECTOR 55-T2-2X11 PSA is a Texas oil lease in Loving County, Railroad Commission district 08, operated by BHP Billiton Pet(Txla Op) Co. It has 1 wellbore on file with the Commission. Reported production runs from November 2015 to August 2026, totalling 410,114 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 $3.8M, with roughly $1.0M 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 1,423 barrels a month. Its strongest month on the record we hold was May 2016, at 7,238 barrels. 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 STATE PROTECTOR 55-T2-2X11 PSA

Who operates STATE PROTECTOR 55-T2-2X11 PSA?: STATE PROTECTOR 55-T2-2X11 PSA is operated by BHP Billiton Pet(Txla Op) Co, Railroad Commission of Texas operator number 068596.
Where is STATE PROTECTOR 55-T2-2X11 PSA?: STATE PROTECTOR 55-T2-2X11 PSA is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48016.
Is STATE PROTECTOR 55-T2-2X11 PSA still producing?: STATE PROTECTOR 55-T2-2X11 PSA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE PROTECTOR 55-T2-2X11 PSA is August 2026.
How much has STATE PROTECTOR 55-T2-2X11 PSA produced?: STATE PROTECTOR 55-T2-2X11 PSA has reported 410,114 barrels of oil (bbl) to the Railroad Commission of Texas between November 2015 and August 2026, from 1 wellbore.
How much is STATE PROTECTOR 55-T2-2X11 PSA worth?: The remaining production from STATE PROTECTOR 55-T2-2X11 PSA is estimated to be worth about $3.8M in total as of 27 August 2026, within a range of $3.2M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE PROTECTOR 55-T2-2X11 PSA is a fraction of it. The estimate fits an Arps decline curve to the production STATE PROTECTOR 55-T2-2X11 PSA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE PROTECTOR 55-T2-2X11 PSA is an estimate of value, not an offer and not an appraisal.
How much income does STATE PROTECTOR 55-T2-2X11 PSA generate in a year?: STATE PROTECTOR 55-T2-2X11 PSA is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE PROTECTOR 55-T2-2X11 PSA receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

STATE PROTECTOR 55-T2-2X11 PSA as filed with the Railroad Commission of Texas
Operator	BHP Billiton Pet(Txla Op) Co
Field	Phantom (Wolfcamp)
County	Loving County, Texas
RRC district	08
Lease number	48016
Wellbores	1
Reported production	410,114 bbl
First reported	November 2015
Last reported	August 2026
Estimated royalty value	$3.8M

Where STATE PROTECTOR 55-T2-2X11 PSA sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.