CHECKERS STATE UNIT 54-12-21
CHECKERS STATE UNIT 54-12-21 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 2,719,705 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 $10.4M, 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 18,225 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 128,574 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 CHECKERS STATE UNIT 54-12-21
- Who operates CHECKERS STATE UNIT 54-12-21?
- CHECKERS STATE UNIT 54-12-21 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is CHECKERS STATE UNIT 54-12-21?
- CHECKERS STATE UNIT 54-12-21 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 300616.
- Is CHECKERS STATE UNIT 54-12-21 still producing?
- CHECKERS STATE UNIT 54-12-21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHECKERS STATE UNIT 54-12-21 is August 2026.
- How much has CHECKERS STATE UNIT 54-12-21 produced?
- CHECKERS STATE UNIT 54-12-21 has reported 2,719,705 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
- How much is CHECKERS STATE UNIT 54-12-21 worth?
- The remaining production from CHECKERS STATE UNIT 54-12-21 is estimated to be worth about $10.4M in total as of 27 August 2026, within a range of $8.6M to $12.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHECKERS STATE UNIT 54-12-21 is a fraction of it. The estimate fits an Arps decline curve to the production CHECKERS STATE UNIT 54-12-21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHECKERS STATE UNIT 54-12-21 is an estimate of value, not an offer and not an appraisal.
- How much income does CHECKERS STATE UNIT 54-12-21 generate in a year?
- CHECKERS STATE UNIT 54-12-21 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 CHECKERS STATE UNIT 54-12-21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 300616 |
| Wellbores | 1 |
| Reported production | 2,719,705 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.4M |
Where CHECKERS STATE UNIT 54-12-21 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.