BUSH STATE UNIT 1922
BUSH STATE UNIT 1922 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Callon (Permian) LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 2,418,851 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 $5.1M, with roughly $1.2M 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 21,643 thousand cubic feet a month. Its strongest month on the record we hold was July 2021, at 174,392 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 BUSH STATE UNIT 1922
- Who operates BUSH STATE UNIT 1922?
- BUSH STATE UNIT 1922 is operated by Callon (Permian) LLC, Railroad Commission of Texas operator number 124807.
- Where is BUSH STATE UNIT 1922?
- BUSH STATE UNIT 1922 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 290175.
- Is BUSH STATE UNIT 1922 still producing?
- BUSH STATE UNIT 1922 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUSH STATE UNIT 1922 is August 2026.
- How much has BUSH STATE UNIT 1922 produced?
- BUSH STATE UNIT 1922 has reported 2,418,851 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is BUSH STATE UNIT 1922 worth?
- The remaining production from BUSH STATE UNIT 1922 is estimated to be worth about $5.1M in total as of 26 August 2026, within a range of $4.2M to $6.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUSH STATE UNIT 1922 is a fraction of it. The estimate fits an Arps decline curve to the production BUSH STATE UNIT 1922 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUSH STATE UNIT 1922 is an estimate of value, not an offer and not an appraisal.
- How much income does BUSH STATE UNIT 1922 generate in a year?
- BUSH STATE UNIT 1922 is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUSH STATE UNIT 1922 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon (Permian) LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 290175 |
| Wellbores | 1 |
| Reported production | 2,418,851 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.1M |
Where BUSH STATE UNIT 1922 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.