POWERS STATE UNIT 2-37
POWERS STATE UNIT 2-37 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 2,967,400 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 $2.5M, with roughly $628K 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 8,086 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 71,549 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 POWERS STATE UNIT 2-37
- Who operates POWERS STATE UNIT 2-37?
- POWERS STATE UNIT 2-37 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is POWERS STATE UNIT 2-37?
- POWERS STATE UNIT 2-37 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 279292.
- Is POWERS STATE UNIT 2-37 still producing?
- POWERS STATE UNIT 2-37 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWERS STATE UNIT 2-37 is August 2026.
- How much has POWERS STATE UNIT 2-37 produced?
- POWERS STATE UNIT 2-37 has reported 2,967,400 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2016 and August 2026, from 1 wellbore.
- How much is POWERS STATE UNIT 2-37 worth?
- The remaining production from POWERS STATE UNIT 2-37 is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $2.0M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWERS STATE UNIT 2-37 is a fraction of it. The estimate fits an Arps decline curve to the production POWERS STATE UNIT 2-37 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWERS STATE UNIT 2-37 is an estimate of value, not an offer and not an appraisal.
- How much income does POWERS STATE UNIT 2-37 generate in a year?
- POWERS STATE UNIT 2-37 is forecast to net about $628K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POWERS STATE UNIT 2-37 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 279292 |
| Wellbores | 1 |
| Reported production | 2,967,400 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where POWERS STATE UNIT 2-37 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.