BOXELL STATE UNIT
BOXELL STATE UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Centennial Resource Prod, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2019 to August 2026, totalling 3,433 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 $161K, with roughly $30K 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 32 barrels a month. Its strongest month on the record we hold was May 2019, at 367 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BOXELL STATE UNIT
- Who operates BOXELL STATE UNIT?
- BOXELL STATE UNIT is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
- Where is BOXELL STATE UNIT?
- BOXELL STATE UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51312.
- Is BOXELL STATE UNIT still producing?
- BOXELL STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOXELL STATE UNIT is August 2026.
- How much has BOXELL STATE UNIT produced?
- BOXELL STATE UNIT has reported 3,433 barrels of oil (bbl) to the Railroad Commission of Texas between May 2019 and August 2026, from 1 wellbore.
- How much is BOXELL STATE UNIT worth?
- The remaining production from BOXELL STATE UNIT is estimated to be worth about $161K in total as of 26 August 2026, within a range of $89K to $234K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOXELL STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BOXELL STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOXELL STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BOXELL STATE UNIT generate in a year?
- BOXELL STATE UNIT is forecast to net about $30K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOXELL STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Centennial Resource Prod, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 51312 |
| Wellbores | 1 |
| Reported production | 3,433 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $161K |
Where BOXELL STATE 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.