STATE CVX UNIT B1314
STATE CVX UNIT B1314 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Carrizo (Permian) LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 3,905,476 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 $9.3M, with roughly $2.1M 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 26,330 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 124,126 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 CVX UNIT B1314
- Who operates STATE CVX UNIT B1314?
- STATE CVX UNIT B1314 is operated by Carrizo (Permian) LLC, Railroad Commission of Texas operator number 135317.
- Where is STATE CVX UNIT B1314?
- STATE CVX UNIT B1314 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 285527.
- Is STATE CVX UNIT B1314 still producing?
- STATE CVX UNIT B1314 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE CVX UNIT B1314 is August 2026.
- How much has STATE CVX UNIT B1314 produced?
- STATE CVX UNIT B1314 has reported 3,905,476 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is STATE CVX UNIT B1314 worth?
- The remaining production from STATE CVX UNIT B1314 is estimated to be worth about $9.3M in total as of 27 August 2026, within a range of $7.6M to $11.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE CVX UNIT B1314 is a fraction of it. The estimate fits an Arps decline curve to the production STATE CVX UNIT B1314 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE CVX UNIT B1314 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE CVX UNIT B1314 generate in a year?
- STATE CVX UNIT B1314 is forecast to net about $2.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE CVX UNIT B1314 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo (Permian) LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 285527 |
| Wellbores | 1 |
| Reported production | 3,905,476 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.3M |
Where STATE CVX UNIT B1314 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.