MCDERMOTT STATE UNIT 1720
MCDERMOTT STATE UNIT 1720 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 August 2017 to August 2026, totalling 3,175,952 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 $4.8M, 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 12,646 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 165,613 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 MCDERMOTT STATE UNIT 1720
- Who operates MCDERMOTT STATE UNIT 1720?
- MCDERMOTT STATE UNIT 1720 is operated by Carrizo (Permian) LLC, Railroad Commission of Texas operator number 135317.
- Where is MCDERMOTT STATE UNIT 1720?
- MCDERMOTT STATE UNIT 1720 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 285598.
- Is MCDERMOTT STATE UNIT 1720 still producing?
- MCDERMOTT STATE UNIT 1720 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCDERMOTT STATE UNIT 1720 is August 2026.
- How much has MCDERMOTT STATE UNIT 1720 produced?
- MCDERMOTT STATE UNIT 1720 has reported 3,175,952 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2017 and August 2026, from 1 wellbore.
- How much is MCDERMOTT STATE UNIT 1720 worth?
- The remaining production from MCDERMOTT STATE UNIT 1720 is estimated to be worth about $4.8M in total as of 27 August 2026, within a range of $3.9M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCDERMOTT STATE UNIT 1720 is a fraction of it. The estimate fits an Arps decline curve to the production MCDERMOTT STATE UNIT 1720 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCDERMOTT STATE UNIT 1720 is an estimate of value, not an offer and not an appraisal.
- How much income does MCDERMOTT STATE UNIT 1720 generate in a year?
- MCDERMOTT STATE UNIT 1720 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 MCDERMOTT STATE UNIT 1720 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 | 285598 |
| Wellbores | 1 |
| Reported production | 3,175,952 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where MCDERMOTT STATE UNIT 1720 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.