LAVERNE 58-T2-12X1 3B
LAVERNE 58-T2-12X1 3B is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by BPX Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2022 to August 2026, totalling 2,329,411 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 $15.5M, with roughly $3.1M 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 43,995 thousand cubic feet a month. Its strongest month on the record we hold was September 2022, at 176,802 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 LAVERNE 58-T2-12X1 3B
- Who operates LAVERNE 58-T2-12X1 3B?
- LAVERNE 58-T2-12X1 3B is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is LAVERNE 58-T2-12X1 3B?
- LAVERNE 58-T2-12X1 3B is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 293403.
- Is LAVERNE 58-T2-12X1 3B still producing?
- LAVERNE 58-T2-12X1 3B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAVERNE 58-T2-12X1 3B is August 2026.
- How much has LAVERNE 58-T2-12X1 3B produced?
- LAVERNE 58-T2-12X1 3B has reported 2,329,411 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2022 and August 2026, from 1 wellbore.
- How much is LAVERNE 58-T2-12X1 3B worth?
- The remaining production from LAVERNE 58-T2-12X1 3B is estimated to be worth about $15.5M in total as of 27 August 2026, within a range of $12.7M to $18.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAVERNE 58-T2-12X1 3B is a fraction of it. The estimate fits an Arps decline curve to the production LAVERNE 58-T2-12X1 3B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAVERNE 58-T2-12X1 3B is an estimate of value, not an offer and not an appraisal.
- How much income does LAVERNE 58-T2-12X1 3B generate in a year?
- LAVERNE 58-T2-12X1 3B is forecast to net about $3.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAVERNE 58-T2-12X1 3B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BPX Operating Company |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 293403 |
| Wellbores | 1 |
| Reported production | 2,329,411 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $15.5M |
Where LAVERNE 58-T2-12X1 3B 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.