LIAM STATE 53-12
LIAM STATE 53-12 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by PDC Permian, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 8,981,371 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 $4.4M, with roughly $1.1M 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 25,831 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 270,704 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 LIAM STATE 53-12
- Who operates LIAM STATE 53-12?
- LIAM STATE 53-12 is operated by PDC Permian, Inc., Railroad Commission of Texas operator number 646832.
- Where is LIAM STATE 53-12?
- LIAM STATE 53-12 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 285528.
- Is LIAM STATE 53-12 still producing?
- LIAM STATE 53-12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIAM STATE 53-12 is August 2026.
- How much has LIAM STATE 53-12 produced?
- LIAM STATE 53-12 has reported 8,981,371 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is LIAM STATE 53-12 worth?
- The remaining production from LIAM STATE 53-12 is estimated to be worth about $4.4M in total as of 27 August 2026, within a range of $3.6M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIAM STATE 53-12 is a fraction of it. The estimate fits an Arps decline curve to the production LIAM STATE 53-12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIAM STATE 53-12 is an estimate of value, not an offer and not an appraisal.
- How much income does LIAM STATE 53-12 generate in a year?
- LIAM STATE 53-12 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LIAM STATE 53-12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PDC Permian, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 285528 |
| Wellbores | 1 |
| Reported production | 8,981,371 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where LIAM STATE 53-12 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.