RED BLUFF 57-38
RED BLUFF 57-38 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 April 2015 to August 2026, totalling 1,770,177 thousand cubic feet. The lease is intermittent. 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 $183K, with roughly $33K 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 135 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 48,796 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 RED BLUFF 57-38
- Who operates RED BLUFF 57-38?
- RED BLUFF 57-38 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is RED BLUFF 57-38?
- RED BLUFF 57-38 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 290706.
- Is RED BLUFF 57-38 still producing?
- RED BLUFF 57-38 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RED BLUFF 57-38 is August 2026.
- How much has RED BLUFF 57-38 produced?
- RED BLUFF 57-38 has reported 1,770,177 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2015 and August 2026, from 1 wellbore.
- How much is RED BLUFF 57-38 worth?
- The remaining production from RED BLUFF 57-38 is estimated to be worth about $183K in total as of 27 August 2026, within a range of $143K to $224K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED BLUFF 57-38 is a fraction of it. The estimate fits an Arps decline curve to the production RED BLUFF 57-38 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED BLUFF 57-38 is an estimate of value, not an offer and not an appraisal.
- How much income does RED BLUFF 57-38 generate in a year?
- RED BLUFF 57-38 is forecast to net about $33K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RED BLUFF 57-38 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 | 290706 |
| Wellbores | 1 |
| Reported production | 1,770,177 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $183K |
Where RED BLUFF 57-38 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.