DRAGON STATE A
DRAGON STATE A is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Titus Oil & Gas Production, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2020 to August 2026, totalling 2,589,668 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 $4.3M, with roughly $1.1M 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 19,506 thousand cubic feet a month. Its strongest month on the record we hold was December 2020, at 146,625 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 DRAGON STATE A
- Who operates DRAGON STATE A?
- DRAGON STATE A is operated by Titus Oil & Gas Production, LLC, Railroad Commission of Texas operator number 880622.
- Where is DRAGON STATE A?
- DRAGON STATE A is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 290809.
- Is DRAGON STATE A still producing?
- DRAGON STATE A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRAGON STATE A is August 2026.
- How much has DRAGON STATE A produced?
- DRAGON STATE A has reported 2,589,668 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2020 and August 2026, from 1 wellbore.
- How much is DRAGON STATE A worth?
- The remaining production from DRAGON STATE A is estimated to be worth about $4.3M in total as of 26 August 2026, within a range of $3.5M to $5.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRAGON STATE A is a fraction of it. The estimate fits an Arps decline curve to the production DRAGON STATE A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRAGON STATE A is an estimate of value, not an offer and not an appraisal.
- How much income does DRAGON STATE A generate in a year?
- DRAGON STATE A is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DRAGON STATE A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Titus Oil & Gas Production, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 290809 |
| Wellbores | 1 |
| Reported production | 2,589,668 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.3M |
Where DRAGON STATE A 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.