HARRISON STATE UNIT 12-24-16
HARRISON STATE UNIT 12-24-16 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 November 2022 to August 2026, totalling 729,175 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 $703K, with roughly $479K 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 4,272 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 93,143 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 HARRISON STATE UNIT 12-24-16
- Who operates HARRISON STATE UNIT 12-24-16?
- HARRISON STATE UNIT 12-24-16 is operated by Rio Oil And Gas (Permian) II,LLC, Railroad Commission of Texas operator number 712803.
- Where is HARRISON STATE UNIT 12-24-16?
- HARRISON STATE UNIT 12-24-16 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 294198.
- Is HARRISON STATE UNIT 12-24-16 still producing?
- HARRISON STATE UNIT 12-24-16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARRISON STATE UNIT 12-24-16 is August 2026.
- How much has HARRISON STATE UNIT 12-24-16 produced?
- HARRISON STATE UNIT 12-24-16 has reported 729,175 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2022 and August 2026, from 1 wellbore.
- How much is HARRISON STATE UNIT 12-24-16 worth?
- The remaining production from HARRISON STATE UNIT 12-24-16 is estimated to be worth about $703K in total as of 27 August 2026, within a range of $583K to $822K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARRISON STATE UNIT 12-24-16 is a fraction of it. The estimate fits an Arps decline curve to the production HARRISON STATE UNIT 12-24-16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARRISON STATE UNIT 12-24-16 is an estimate of value, not an offer and not an appraisal.
- How much income does HARRISON STATE UNIT 12-24-16 generate in a year?
- HARRISON STATE UNIT 12-24-16 is forecast to net about $479K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARRISON STATE UNIT 12-24-16 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 | Sandbar (Bone Spring) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 294198 |
| Wellbores | 1 |
| Reported production | 729,175 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $703K |
Where HARRISON STATE UNIT 12-24-16 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.