MAC STATE 20
MAC STATE 20 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Rki Exploration & Production LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2017 to August 2026, totalling 2,598,791 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 $3.3M, with roughly $697K 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 7,772 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 137,256 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 MAC STATE 20
- Who operates MAC STATE 20?
- MAC STATE 20 is operated by Rki Exploration & Production LLC, Railroad Commission of Texas operator number 714221.
- Where is MAC STATE 20?
- MAC STATE 20 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283838.
- Is MAC STATE 20 still producing?
- MAC STATE 20 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAC STATE 20 is August 2026.
- How much has MAC STATE 20 produced?
- MAC STATE 20 has reported 2,598,791 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2017 and August 2026, from 1 wellbore.
- How much is MAC STATE 20 worth?
- The remaining production from MAC STATE 20 is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAC STATE 20 is a fraction of it. The estimate fits an Arps decline curve to the production MAC STATE 20 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAC STATE 20 is an estimate of value, not an offer and not an appraisal.
- How much income does MAC STATE 20 generate in a year?
- MAC STATE 20 is forecast to net about $697K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAC STATE 20 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rki Exploration & Production LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 283838 |
| Wellbores | 1 |
| Reported production | 2,598,791 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where MAC STATE 20 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.