STATE STREET 20-29 C UNIT
STATE STREET 20-29 C UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 3,241,789 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 $6.9M, 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 23,088 thousand cubic feet a month. Its strongest month on the record we hold was May 2018, at 167,505 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 STREET 20-29 C UNIT
- Who operates STATE STREET 20-29 C UNIT?
- STATE STREET 20-29 C UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is STATE STREET 20-29 C UNIT?
- STATE STREET 20-29 C UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 285337.
- Is STATE STREET 20-29 C UNIT still producing?
- STATE STREET 20-29 C UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE STREET 20-29 C UNIT is August 2026.
- How much has STATE STREET 20-29 C UNIT produced?
- STATE STREET 20-29 C UNIT has reported 3,241,789 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2018 and August 2026, from 1 wellbore.
- How much is STATE STREET 20-29 C UNIT worth?
- The remaining production from STATE STREET 20-29 C UNIT is estimated to be worth about $6.9M in total as of 27 August 2026, within a range of $5.6M to $8.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE STREET 20-29 C UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STATE STREET 20-29 C UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE STREET 20-29 C UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STATE STREET 20-29 C UNIT generate in a year?
- STATE STREET 20-29 C UNIT 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 STATE STREET 20-29 C UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 285337 |
| Wellbores | 1 |
| Reported production | 3,241,789 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.9M |
Where STATE STREET 20-29 C UNIT 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.