FOX 37
FOX 37 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 3,143,875 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 $3.9M, 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 8,205 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 135,892 thousand cubic feet. 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 FOX 37
- Who operates FOX 37?
- FOX 37 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is FOX 37?
- FOX 37 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 301152.
- Is FOX 37 still producing?
- FOX 37 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOX 37 is August 2026.
- How much has FOX 37 produced?
- FOX 37 has reported 3,143,875 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
- How much is FOX 37 worth?
- The remaining production from FOX 37 is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.3M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOX 37 is a fraction of it. The estimate fits an Arps decline curve to the production FOX 37 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOX 37 is an estimate of value, not an offer and not an appraisal.
- How much income does FOX 37 generate in a year?
- FOX 37 is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOX 37 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 301152 |
| Wellbores | 1 |
| Reported production | 3,143,875 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where FOX 37 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.