BREAKTHROUGH STATE 1009
BREAKTHROUGH STATE 1009 is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Contango Resources, Inc. It has 4 wellbores on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 1,056,838 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 $21.9M, with roughly $5.6M 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 8,372 barrels a month, about 2,093 per wellbore. Its strongest month on the record we hold was November 2021, at 45,050 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 BREAKTHROUGH STATE 1009
- Who operates BREAKTHROUGH STATE 1009?
- BREAKTHROUGH STATE 1009 is operated by Contango Resources, Inc., Railroad Commission of Texas operator number 173206.
- Where is BREAKTHROUGH STATE 1009?
- BREAKTHROUGH STATE 1009 is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53630.
- Is BREAKTHROUGH STATE 1009 still producing?
- BREAKTHROUGH STATE 1009 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BREAKTHROUGH STATE 1009 is August 2026.
- How much has BREAKTHROUGH STATE 1009 produced?
- BREAKTHROUGH STATE 1009 has reported 1,056,838 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 4 wellbores.
- How much is BREAKTHROUGH STATE 1009 worth?
- The remaining production from BREAKTHROUGH STATE 1009 is estimated to be worth about $21.9M in total as of 26 August 2026, within a range of $18.2M to $25.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BREAKTHROUGH STATE 1009 is a fraction of it. The estimate fits an Arps decline curve to the production BREAKTHROUGH STATE 1009 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BREAKTHROUGH STATE 1009 is an estimate of value, not an offer and not an appraisal.
- How much income does BREAKTHROUGH STATE 1009 generate in a year?
- BREAKTHROUGH STATE 1009 is forecast to net about $5.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BREAKTHROUGH STATE 1009 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Contango Resources, Inc. |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 53630 |
| Wellbores | 4 |
| Reported production | 1,056,838 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21.9M |
Where BREAKTHROUGH STATE 1009 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.