CHOCTAW STATE
CHOCTAW STATE is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 2019 to August 2026, totalling 3,384,964 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 $3K, with roughly $3K 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 5,603 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 132,718 thousand cubic feet. 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 CHOCTAW STATE
- Who operates CHOCTAW STATE?
- CHOCTAW STATE is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is CHOCTAW STATE?
- CHOCTAW STATE is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 287074.
- Is CHOCTAW STATE still producing?
- CHOCTAW STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHOCTAW STATE is August 2026.
- How much has CHOCTAW STATE produced?
- CHOCTAW STATE has reported 3,384,964 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2019 and August 2026, from 1 wellbore.
- How much is CHOCTAW STATE worth?
- The remaining production from CHOCTAW STATE is estimated to be worth about $3K in total as of 27 August 2026, within a range of $3K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHOCTAW STATE is a fraction of it. The estimate fits an Arps decline curve to the production CHOCTAW STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHOCTAW STATE is an estimate of value, not an offer and not an appraisal.
- How much income does CHOCTAW STATE generate in a year?
- CHOCTAW STATE is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHOCTAW STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Alpine High (Cons) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 287074 |
| Wellbores | 1 |
| Reported production | 3,384,964 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where CHOCTAW STATE 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.