TXL REEVES STATE UNIT
TXL REEVES STATE UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,262,350 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 $502K, with roughly $76K 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 3,164 thousand cubic feet a month. Its strongest month on the record we hold was September 2019, at 4,582 thousand cubic feet. 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 TXL REEVES STATE UNIT
- Who operates TXL REEVES STATE UNIT?
- TXL REEVES STATE UNIT is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is TXL REEVES STATE UNIT?
- TXL REEVES STATE UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 041520.
- Is TXL REEVES STATE UNIT still producing?
- TXL REEVES STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL REEVES STATE UNIT is August 2026.
- How much has TXL REEVES STATE UNIT produced?
- TXL REEVES STATE UNIT has reported 2,262,350 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TXL REEVES STATE UNIT worth?
- The remaining production from TXL REEVES STATE UNIT is estimated to be worth about $502K in total as of 27 August 2026, within a range of $417K to $587K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL REEVES STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TXL REEVES STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL REEVES STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TXL REEVES STATE UNIT generate in a year?
- TXL REEVES STATE UNIT is forecast to net about $76K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TXL REEVES STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Rojo Caballos, West(Ellenburger) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 041520 |
| Wellbores | 1 |
| Reported production | 2,262,350 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $502K |
Where TXL REEVES STATE 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.