SCHWALBE-SONOMA STATE 120
SCHWALBE-SONOMA STATE 120 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 October 2017 to August 2026, totalling 2,174,761 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 $751K, with roughly $346K 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 7,238 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 62,777 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 SCHWALBE-SONOMA STATE 120
- Who operates SCHWALBE-SONOMA STATE 120?
- SCHWALBE-SONOMA STATE 120 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is SCHWALBE-SONOMA STATE 120?
- SCHWALBE-SONOMA STATE 120 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 300601.
- Is SCHWALBE-SONOMA STATE 120 still producing?
- SCHWALBE-SONOMA STATE 120 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHWALBE-SONOMA STATE 120 is August 2026.
- How much has SCHWALBE-SONOMA STATE 120 produced?
- SCHWALBE-SONOMA STATE 120 has reported 2,174,761 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2017 and August 2026, from 1 wellbore.
- How much is SCHWALBE-SONOMA STATE 120 worth?
- The remaining production from SCHWALBE-SONOMA STATE 120 is estimated to be worth about $751K in total as of 27 August 2026, within a range of $623K to $878K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHWALBE-SONOMA STATE 120 is a fraction of it. The estimate fits an Arps decline curve to the production SCHWALBE-SONOMA STATE 120 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHWALBE-SONOMA STATE 120 is an estimate of value, not an offer and not an appraisal.
- How much income does SCHWALBE-SONOMA STATE 120 generate in a year?
- SCHWALBE-SONOMA STATE 120 is forecast to net about $346K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCHWALBE-SONOMA STATE 120 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 300601 |
| Wellbores | 1 |
| Reported production | 2,174,761 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $751K |
Where SCHWALBE-SONOMA STATE 120 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.