LUJAN STATE
LUJAN STATE is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Primexx Operating Corporation. It has 4 wellbores on file with the Commission. Reported production runs from August 2015 to August 2026, totalling 1,736,704 barrels. 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 $13.3M, with roughly $3.4M 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 4,087 barrels a month, about 1,022 per wellbore. Its strongest month on the record we hold was March 2018, at 72,286 barrels. 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 LUJAN STATE
- Who operates LUJAN STATE?
- LUJAN STATE is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is LUJAN STATE?
- LUJAN STATE is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47395.
- Is LUJAN STATE still producing?
- LUJAN STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUJAN STATE is August 2026.
- How much has LUJAN STATE produced?
- LUJAN STATE has reported 1,736,704 barrels of oil (bbl) to the Railroad Commission of Texas between August 2015 and August 2026, from 4 wellbores.
- How much is LUJAN STATE worth?
- The remaining production from LUJAN STATE is estimated to be worth about $13.3M in total as of 26 August 2026, within a range of $11.0M to $15.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUJAN STATE is a fraction of it. The estimate fits an Arps decline curve to the production LUJAN STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUJAN STATE is an estimate of value, not an offer and not an appraisal.
- How much income does LUJAN STATE generate in a year?
- LUJAN STATE is forecast to net about $3.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUJAN STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 47395 |
| Wellbores | 4 |
| Reported production | 1,736,704 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $13.3M |
Where LUJAN STATE 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.