BELLE STARR STATE 29-42 UNIT
BELLE STARR STATE 29-42 UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 2 wellbores on file with the Commission. Reported production runs from December 2019 to August 2026, totalling 575,110 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 $5.8M, with roughly $2.1M 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 3,028 barrels a month, about 1,514 per wellbore. Its strongest month on the record we hold was January 2021, at 41,602 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 BELLE STARR STATE 29-42 UNIT
- Who operates BELLE STARR STATE 29-42 UNIT?
- BELLE STARR STATE 29-42 UNIT is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is BELLE STARR STATE 29-42 UNIT?
- BELLE STARR STATE 29-42 UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54940.
- Is BELLE STARR STATE 29-42 UNIT still producing?
- BELLE STARR STATE 29-42 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BELLE STARR STATE 29-42 UNIT is August 2026.
- How much has BELLE STARR STATE 29-42 UNIT produced?
- BELLE STARR STATE 29-42 UNIT has reported 575,110 barrels of oil (bbl) to the Railroad Commission of Texas between December 2019 and August 2026, from 2 wellbores.
- How much is BELLE STARR STATE 29-42 UNIT worth?
- The remaining production from BELLE STARR STATE 29-42 UNIT is estimated to be worth about $5.8M in total as of 27 August 2026, within a range of $4.9M to $6.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BELLE STARR STATE 29-42 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BELLE STARR STATE 29-42 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BELLE STARR STATE 29-42 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BELLE STARR STATE 29-42 UNIT generate in a year?
- BELLE STARR STATE 29-42 UNIT is forecast to net about $2.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BELLE STARR STATE 29-42 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 54940 |
| Wellbores | 2 |
| Reported production | 575,110 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where BELLE STARR STATE 29-42 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.