STATE BURNER 57-T1-45X40 SA
STATE BURNER 57-T1-45X40 SA is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by BHP Billiton Pet(Txla Op) Co. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 3,736,049 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 $13.8M, with roughly $6.4M 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 32,044 thousand cubic feet a month. Its strongest month on the record we hold was December 2018, at 186,704 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 STATE BURNER 57-T1-45X40 SA
- Who operates STATE BURNER 57-T1-45X40 SA?
- STATE BURNER 57-T1-45X40 SA is operated by BHP Billiton Pet(Txla Op) Co, Railroad Commission of Texas operator number 068596.
- Where is STATE BURNER 57-T1-45X40 SA?
- STATE BURNER 57-T1-45X40 SA is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 286661.
- Is STATE BURNER 57-T1-45X40 SA still producing?
- STATE BURNER 57-T1-45X40 SA is intermittent. The most recent month of production reported to the Railroad Commission of Texas for STATE BURNER 57-T1-45X40 SA is August 2026.
- How much has STATE BURNER 57-T1-45X40 SA produced?
- STATE BURNER 57-T1-45X40 SA has reported 3,736,049 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is STATE BURNER 57-T1-45X40 SA worth?
- The remaining production from STATE BURNER 57-T1-45X40 SA is estimated to be worth about $13.8M in total as of 27 August 2026, within a range of $11.3M to $16.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE BURNER 57-T1-45X40 SA is a fraction of it. The estimate fits an Arps decline curve to the production STATE BURNER 57-T1-45X40 SA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE BURNER 57-T1-45X40 SA is an estimate of value, not an offer and not an appraisal.
- How much income does STATE BURNER 57-T1-45X40 SA generate in a year?
- STATE BURNER 57-T1-45X40 SA is forecast to net about $6.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE BURNER 57-T1-45X40 SA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BHP Billiton Pet(Txla Op) Co |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 286661 |
| Wellbores | 1 |
| Reported production | 3,736,049 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $13.8M |
Where STATE BURNER 57-T1-45X40 SA 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.