OAK STATE UNIT
OAK STATE UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 2017 to August 2026, totalling 9,734,191 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 $44K, with roughly $37K 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 21,205 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 385,647 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 OAK STATE UNIT
- Who operates OAK STATE UNIT?
- OAK STATE UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is OAK STATE UNIT?
- OAK STATE UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 285230.
- Is OAK STATE UNIT still producing?
- OAK STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OAK STATE UNIT is August 2026.
- How much has OAK STATE UNIT produced?
- OAK STATE UNIT has reported 9,734,191 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2017 and August 2026, from 1 wellbore.
- How much is OAK STATE UNIT worth?
- The remaining production from OAK STATE UNIT is estimated to be worth about $44K in total as of 27 August 2026, within a range of $36K to $52K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OAK STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OAK STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OAK STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OAK STATE UNIT generate in a year?
- OAK STATE UNIT is forecast to net about $37K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OAK STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Alpine High (Cons) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 285230 |
| Wellbores | 1 |
| Reported production | 9,734,191 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where OAK STATE UNIT 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.