BUCKSKIN STATE 1003 7U
BUCKSKIN STATE 1003 7U is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by PDC Permian, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2021 to August 2026, totalling 2,435,528 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 $20.7M, with roughly $4.3M 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 35,923 thousand cubic feet a month. Its strongest month on the record we hold was June 2022, at 135,156 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 BUCKSKIN STATE 1003 7U
- Who operates BUCKSKIN STATE 1003 7U?
- BUCKSKIN STATE 1003 7U is operated by PDC Permian, Inc., Railroad Commission of Texas operator number 646832.
- Where is BUCKSKIN STATE 1003 7U?
- BUCKSKIN STATE 1003 7U is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 290875.
- Is BUCKSKIN STATE 1003 7U still producing?
- BUCKSKIN STATE 1003 7U is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUCKSKIN STATE 1003 7U is August 2026.
- How much has BUCKSKIN STATE 1003 7U produced?
- BUCKSKIN STATE 1003 7U has reported 2,435,528 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2021 and August 2026, from 1 wellbore.
- How much is BUCKSKIN STATE 1003 7U worth?
- The remaining production from BUCKSKIN STATE 1003 7U is estimated to be worth about $20.7M in total as of 27 August 2026, within a range of $16.9M to $24.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUCKSKIN STATE 1003 7U is a fraction of it. The estimate fits an Arps decline curve to the production BUCKSKIN STATE 1003 7U has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUCKSKIN STATE 1003 7U is an estimate of value, not an offer and not an appraisal.
- How much income does BUCKSKIN STATE 1003 7U generate in a year?
- BUCKSKIN STATE 1003 7U is forecast to net about $4.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUCKSKIN STATE 1003 7U receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PDC Permian, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 290875 |
| Wellbores | 1 |
| Reported production | 2,435,528 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $20.7M |
Where BUCKSKIN STATE 1003 7U 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.