CWI STATE B
CWI STATE B 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 November 2017 to August 2026, totalling 570,495 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 $5.9M, with roughly $1.3M 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 1,609 barrels a month. Its strongest month on the record we hold was December 2017, at 40,639 barrels. 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 CWI STATE B
- Who operates CWI STATE B?
- CWI STATE B is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
- Where is CWI STATE B?
- CWI STATE B is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49807.
- Is CWI STATE B still producing?
- CWI STATE B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CWI STATE B is August 2026.
- How much has CWI STATE B produced?
- CWI STATE B has reported 570,495 barrels of oil (bbl) to the Railroad Commission of Texas between November 2017 and August 2026, from 1 wellbore.
- How much is CWI STATE B worth?
- The remaining production from CWI STATE B is estimated to be worth about $5.9M in total as of 26 August 2026, within a range of $4.9M to $6.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CWI STATE B is a fraction of it. The estimate fits an Arps decline curve to the production CWI STATE B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CWI STATE B is an estimate of value, not an offer and not an appraisal.
- How much income does CWI STATE B generate in a year?
- CWI STATE B is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CWI STATE B 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 | 49807 |
| Wellbores | 1 |
| Reported production | 570,495 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.9M |
Where CWI STATE B 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.