LOVELACE STATE UNIT B912
LOVELACE STATE UNIT B912 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Carrizo (Permian) LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 3,382,314 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 $5.1M, with roughly $1.5M 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 19,133 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 144,686 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 LOVELACE STATE UNIT B912
- Who operates LOVELACE STATE UNIT B912?
- LOVELACE STATE UNIT B912 is operated by Carrizo (Permian) LLC, Railroad Commission of Texas operator number 135317.
- Where is LOVELACE STATE UNIT B912?
- LOVELACE STATE UNIT B912 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 286265.
- Is LOVELACE STATE UNIT B912 still producing?
- LOVELACE STATE UNIT B912 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOVELACE STATE UNIT B912 is August 2026.
- How much has LOVELACE STATE UNIT B912 produced?
- LOVELACE STATE UNIT B912 has reported 3,382,314 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is LOVELACE STATE UNIT B912 worth?
- The remaining production from LOVELACE STATE UNIT B912 is estimated to be worth about $5.1M in total as of 27 August 2026, within a range of $4.2M to $6.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOVELACE STATE UNIT B912 is a fraction of it. The estimate fits an Arps decline curve to the production LOVELACE STATE UNIT B912 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOVELACE STATE UNIT B912 is an estimate of value, not an offer and not an appraisal.
- How much income does LOVELACE STATE UNIT B912 generate in a year?
- LOVELACE STATE UNIT B912 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOVELACE STATE UNIT B912 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo (Permian) LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 286265 |
| Wellbores | 1 |
| Reported production | 3,382,314 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.1M |
Where LOVELACE STATE UNIT B912 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.