KEYSTONE 12-15 UNIT E
KEYSTONE 12-15 UNIT E is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Cimarex Energy Co. It has 1 wellbore on file with the Commission. Reported production runs from March 2022 to August 2026, totalling 2,684,466 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 $1.9M, with roughly $1.3M 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 23,321 thousand cubic feet a month. Its strongest month on the record we hold was February 2023, at 155,035 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 KEYSTONE 12-15 UNIT E
- Who operates KEYSTONE 12-15 UNIT E?
- KEYSTONE 12-15 UNIT E is operated by Cimarex Energy Co., Railroad Commission of Texas operator number 153438.
- Where is KEYSTONE 12-15 UNIT E?
- KEYSTONE 12-15 UNIT E is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 293582.
- Is KEYSTONE 12-15 UNIT E still producing?
- KEYSTONE 12-15 UNIT E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEYSTONE 12-15 UNIT E is August 2026.
- How much has KEYSTONE 12-15 UNIT E produced?
- KEYSTONE 12-15 UNIT E has reported 2,684,466 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2022 and August 2026, from 1 wellbore.
- How much is KEYSTONE 12-15 UNIT E worth?
- The remaining production from KEYSTONE 12-15 UNIT E is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.6M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEYSTONE 12-15 UNIT E is a fraction of it. The estimate fits an Arps decline curve to the production KEYSTONE 12-15 UNIT E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEYSTONE 12-15 UNIT E is an estimate of value, not an offer and not an appraisal.
- How much income does KEYSTONE 12-15 UNIT E generate in a year?
- KEYSTONE 12-15 UNIT E is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KEYSTONE 12-15 UNIT E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 293582 |
| Wellbores | 1 |
| Reported production | 2,684,466 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where KEYSTONE 12-15 UNIT E 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.