EXPEDITION STATE UNIT 71-67
EXPEDITION STATE UNIT 71-67 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Rio Oil And Gas (Permian) II,LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 2,667,678 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 $4.9M, with roughly $1.0M 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 11,949 thousand cubic feet a month. Its strongest month on the record we hold was February 2019, at 112,972 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 EXPEDITION STATE UNIT 71-67
- Who operates EXPEDITION STATE UNIT 71-67?
- EXPEDITION STATE UNIT 71-67 is operated by Rio Oil And Gas (Permian) II,LLC, Railroad Commission of Texas operator number 712803.
- Where is EXPEDITION STATE UNIT 71-67?
- EXPEDITION STATE UNIT 71-67 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 287142.
- Is EXPEDITION STATE UNIT 71-67 still producing?
- EXPEDITION STATE UNIT 71-67 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EXPEDITION STATE UNIT 71-67 is August 2026.
- How much has EXPEDITION STATE UNIT 71-67 produced?
- EXPEDITION STATE UNIT 71-67 has reported 2,667,678 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2018 and August 2026, from 1 wellbore.
- How much is EXPEDITION STATE UNIT 71-67 worth?
- The remaining production from EXPEDITION STATE UNIT 71-67 is estimated to be worth about $4.9M in total as of 27 August 2026, within a range of $4.0M to $5.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EXPEDITION STATE UNIT 71-67 is a fraction of it. The estimate fits an Arps decline curve to the production EXPEDITION STATE UNIT 71-67 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EXPEDITION STATE UNIT 71-67 is an estimate of value, not an offer and not an appraisal.
- How much income does EXPEDITION STATE UNIT 71-67 generate in a year?
- EXPEDITION STATE UNIT 71-67 is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EXPEDITION STATE UNIT 71-67 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rio Oil And Gas (Permian) II,LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 287142 |
| Wellbores | 1 |
| Reported production | 2,667,678 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.9M |
Where EXPEDITION STATE UNIT 71-67 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.