THREADFIN 57-1-38 UNIT
THREADFIN 57-1-38 UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 3,946,230 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 $10.6M, with roughly $3.0M 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 36,536 thousand cubic feet a month. Its strongest month on the record we hold was March 2020, at 113,123 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 THREADFIN 57-1-38 UNIT
- Who operates THREADFIN 57-1-38 UNIT?
- THREADFIN 57-1-38 UNIT is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is THREADFIN 57-1-38 UNIT?
- THREADFIN 57-1-38 UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 288135.
- Is THREADFIN 57-1-38 UNIT still producing?
- THREADFIN 57-1-38 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THREADFIN 57-1-38 UNIT is August 2026.
- How much has THREADFIN 57-1-38 UNIT produced?
- THREADFIN 57-1-38 UNIT has reported 3,946,230 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2019 and August 2026, from 1 wellbore.
- How much is THREADFIN 57-1-38 UNIT worth?
- The remaining production from THREADFIN 57-1-38 UNIT is estimated to be worth about $10.6M in total as of 26 August 2026, within a range of $8.7M to $12.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THREADFIN 57-1-38 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THREADFIN 57-1-38 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THREADFIN 57-1-38 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THREADFIN 57-1-38 UNIT generate in a year?
- THREADFIN 57-1-38 UNIT is forecast to net about $3.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THREADFIN 57-1-38 UNIT 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 | 288135 |
| Wellbores | 1 |
| Reported production | 3,946,230 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.6M |
Where THREADFIN 57-1-38 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.