SIEVERS STATE UNIT 2-1
SIEVERS STATE UNIT 2-1 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 4 wellbores on file with the Commission. Reported production runs from August 2016 to August 2026, totalling 678,535 barrels. 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 $7.0M, 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 1,790 barrels a month, about 447 per wellbore. Its strongest month on the record we hold was August 2017, at 18,604 barrels. 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 SIEVERS STATE UNIT 2-1
- Who operates SIEVERS STATE UNIT 2-1?
- SIEVERS STATE UNIT 2-1 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is SIEVERS STATE UNIT 2-1?
- SIEVERS STATE UNIT 2-1 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48311.
- Is SIEVERS STATE UNIT 2-1 still producing?
- SIEVERS STATE UNIT 2-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SIEVERS STATE UNIT 2-1 is August 2026.
- How much has SIEVERS STATE UNIT 2-1 produced?
- SIEVERS STATE UNIT 2-1 has reported 678,535 barrels of oil (bbl) to the Railroad Commission of Texas between August 2016 and August 2026, from 4 wellbores.
- How much is SIEVERS STATE UNIT 2-1 worth?
- The remaining production from SIEVERS STATE UNIT 2-1 is estimated to be worth about $7.0M in total as of 26 August 2026, within a range of $5.8M to $8.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SIEVERS STATE UNIT 2-1 is a fraction of it. The estimate fits an Arps decline curve to the production SIEVERS STATE UNIT 2-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SIEVERS STATE UNIT 2-1 is an estimate of value, not an offer and not an appraisal.
- How much income does SIEVERS STATE UNIT 2-1 generate in a year?
- SIEVERS STATE UNIT 2-1 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SIEVERS STATE UNIT 2-1 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 | 48311 |
| Wellbores | 4 |
| Reported production | 678,535 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.0M |
Where SIEVERS STATE UNIT 2-1 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.