LOST SADDLE 45
LOST SADDLE 45 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 December 2015 to August 2026, totalling 1,500,014 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 $1.8M, with roughly $385K 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 1,958 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 54,055 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 LOST SADDLE 45
- Who operates LOST SADDLE 45?
- LOST SADDLE 45 is operated by PDC Permian, Inc., Railroad Commission of Texas operator number 646832.
- Where is LOST SADDLE 45?
- LOST SADDLE 45 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283677.
- Is LOST SADDLE 45 still producing?
- LOST SADDLE 45 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOST SADDLE 45 is August 2026.
- How much has LOST SADDLE 45 produced?
- LOST SADDLE 45 has reported 1,500,014 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2015 and August 2026, from 1 wellbore.
- How much is LOST SADDLE 45 worth?
- The remaining production from LOST SADDLE 45 is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOST SADDLE 45 is a fraction of it. The estimate fits an Arps decline curve to the production LOST SADDLE 45 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOST SADDLE 45 is an estimate of value, not an offer and not an appraisal.
- How much income does LOST SADDLE 45 generate in a year?
- LOST SADDLE 45 is forecast to net about $385K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOST SADDLE 45 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 | 283677 |
| Wellbores | 1 |
| Reported production | 1,500,014 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where LOST SADDLE 45 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.