AVA STATE 36
AVA STATE 36 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Capitan Energy, Incorporated. It has 1 wellbore on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 3,189,668 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 $2.5M, with roughly $899K 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 10,265 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 48,606 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 AVA STATE 36
- Who operates AVA STATE 36?
- AVA STATE 36 is operated by Capitan Energy, Incorporated, Railroad Commission of Texas operator number 130061.
- Where is AVA STATE 36?
- AVA STATE 36 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 276169.
- Is AVA STATE 36 still producing?
- AVA STATE 36 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AVA STATE 36 is August 2026.
- How much has AVA STATE 36 produced?
- AVA STATE 36 has reported 3,189,668 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
- How much is AVA STATE 36 worth?
- The remaining production from AVA STATE 36 is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $2.0M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AVA STATE 36 is a fraction of it. The estimate fits an Arps decline curve to the production AVA STATE 36 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AVA STATE 36 is an estimate of value, not an offer and not an appraisal.
- How much income does AVA STATE 36 generate in a year?
- AVA STATE 36 is forecast to net about $899K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AVA STATE 36 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Capitan Energy, Incorporated |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 276169 |
| Wellbores | 1 |
| Reported production | 3,189,668 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where AVA STATE 36 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.