CWI STATE
CWI STATE is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Centennial Resource Prod, LLC. It has 6 wellbores on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 735,283 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 $808K, with roughly $373K 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 799 barrels a month, about 133 per wellbore. Its strongest month on the record we hold was January 2017, at 27,222 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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
- Who operates CWI STATE?
- CWI STATE is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
- Where is CWI STATE?
- CWI STATE is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49003.
- Is CWI STATE still producing?
- CWI STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CWI STATE is August 2026.
- How much has CWI STATE produced?
- CWI STATE has reported 735,283 barrels of oil (bbl) to the Railroad Commission of Texas between September 2015 and August 2026, from 6 wellbores.
- How much is CWI STATE worth?
- The remaining production from CWI STATE is estimated to be worth about $808K in total as of 26 August 2026, within a range of $630K to $986K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CWI STATE is a fraction of it. The estimate fits an Arps decline curve to the production CWI STATE 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 is an estimate of value, not an offer and not an appraisal.
- How much income does CWI STATE generate in a year?
- CWI STATE is forecast to net about $373K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CWI STATE 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 | 49003 |
| Wellbores | 6 |
| Reported production | 735,283 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $808K |
Where CWI 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.