FORREST STATE 216
FORREST STATE 216 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by NBL Permian LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 156,895 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 $696K, with roughly $481K 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 552 barrels a month. Its strongest month on the record we hold was October 2017, at 12,682 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 FORREST STATE 216
- Who operates FORREST STATE 216?
- FORREST STATE 216 is operated by NBL Permian LLC, Railroad Commission of Texas operator number 601345.
- Where is FORREST STATE 216?
- FORREST STATE 216 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49680.
- Is FORREST STATE 216 still producing?
- FORREST STATE 216 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FORREST STATE 216 is August 2026.
- How much has FORREST STATE 216 produced?
- FORREST STATE 216 has reported 156,895 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 1 wellbore.
- How much is FORREST STATE 216 worth?
- The remaining production from FORREST STATE 216 is estimated to be worth about $696K in total as of 26 August 2026, within a range of $543K to $849K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FORREST STATE 216 is a fraction of it. The estimate fits an Arps decline curve to the production FORREST STATE 216 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FORREST STATE 216 is an estimate of value, not an offer and not an appraisal.
- How much income does FORREST STATE 216 generate in a year?
- FORREST STATE 216 is forecast to net about $481K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FORREST STATE 216 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | NBL Permian LLC |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 49680 |
| Wellbores | 1 |
| Reported production | 156,895 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $696K |
Where FORREST STATE 216 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.