RICHMOND W. STATE 4239 A7
RICHMOND W. STATE 4239 A7 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Callon (Permian) LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 655,199 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 $4.5M, with roughly $1.5M 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 14,356 thousand cubic feet a month. Its strongest month on the record we hold was August 2023, at 52,838 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 RICHMOND W. STATE 4239 A7
- Who operates RICHMOND W. STATE 4239 A7?
- RICHMOND W. STATE 4239 A7 is operated by Callon (Permian) LLC, Railroad Commission of Texas operator number 124807.
- Where is RICHMOND W. STATE 4239 A7?
- RICHMOND W. STATE 4239 A7 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 296643.
- Is RICHMOND W. STATE 4239 A7 still producing?
- RICHMOND W. STATE 4239 A7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHMOND W. STATE 4239 A7 is August 2026.
- How much has RICHMOND W. STATE 4239 A7 produced?
- RICHMOND W. STATE 4239 A7 has reported 655,199 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is RICHMOND W. STATE 4239 A7 worth?
- The remaining production from RICHMOND W. STATE 4239 A7 is estimated to be worth about $4.5M in total as of 27 August 2026, within a range of $3.7M to $5.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHMOND W. STATE 4239 A7 is a fraction of it. The estimate fits an Arps decline curve to the production RICHMOND W. STATE 4239 A7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHMOND W. STATE 4239 A7 is an estimate of value, not an offer and not an appraisal.
- How much income does RICHMOND W. STATE 4239 A7 generate in a year?
- RICHMOND W. STATE 4239 A7 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICHMOND W. STATE 4239 A7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon (Permian) LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 296643 |
| Wellbores | 1 |
| Reported production | 655,199 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.5M |
Where RICHMOND W. STATE 4239 A7 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.