ZEMAN-STATE A10
ZEMAN-STATE A10 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Callon (Permian) LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 1,384,106 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 $7.8M, with roughly $1.9M 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 31,803 thousand cubic feet a month. Its strongest month on the record we hold was September 2023, at 81,580 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 ZEMAN-STATE A10
- Who operates ZEMAN-STATE A10?
- ZEMAN-STATE A10 is operated by Callon (Permian) LLC, Railroad Commission of Texas operator number 124807.
- Where is ZEMAN-STATE A10?
- ZEMAN-STATE A10 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 296742.
- Is ZEMAN-STATE A10 still producing?
- ZEMAN-STATE A10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ZEMAN-STATE A10 is August 2026.
- How much has ZEMAN-STATE A10 produced?
- ZEMAN-STATE A10 has reported 1,384,106 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is ZEMAN-STATE A10 worth?
- The remaining production from ZEMAN-STATE A10 is estimated to be worth about $7.8M in total as of 26 August 2026, within a range of $6.4M to $9.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ZEMAN-STATE A10 is a fraction of it. The estimate fits an Arps decline curve to the production ZEMAN-STATE A10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ZEMAN-STATE A10 is an estimate of value, not an offer and not an appraisal.
- How much income does ZEMAN-STATE A10 generate in a year?
- ZEMAN-STATE A10 is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ZEMAN-STATE A10 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon (Permian) LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 296742 |
| Wellbores | 1 |
| Reported production | 1,384,106 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.8M |
Where ZEMAN-STATE A10 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.