PLATINUM 218-34A
PLATINUM 218-34A is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Advance Energy Partners, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2022 to August 2026, totalling 2,816,419 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 $13.2M, with roughly $2.8M 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 34,926 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 197,707 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 PLATINUM 218-34A
- Who operates PLATINUM 218-34A?
- PLATINUM 218-34A is operated by Advance Energy Partners, LLC, Railroad Commission of Texas operator number 008481.
- Where is PLATINUM 218-34A?
- PLATINUM 218-34A is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 292814.
- Is PLATINUM 218-34A still producing?
- PLATINUM 218-34A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PLATINUM 218-34A is August 2026.
- How much has PLATINUM 218-34A produced?
- PLATINUM 218-34A has reported 2,816,419 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2022 and August 2026, from 1 wellbore.
- How much is PLATINUM 218-34A worth?
- The remaining production from PLATINUM 218-34A is estimated to be worth about $13.2M in total as of 27 August 2026, within a range of $10.8M to $15.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PLATINUM 218-34A is a fraction of it. The estimate fits an Arps decline curve to the production PLATINUM 218-34A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PLATINUM 218-34A is an estimate of value, not an offer and not an appraisal.
- How much income does PLATINUM 218-34A generate in a year?
- PLATINUM 218-34A is forecast to net about $2.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PLATINUM 218-34A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Advance Energy Partners, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 292814 |
| Wellbores | 1 |
| Reported production | 2,816,419 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $13.2M |
Where PLATINUM 218-34A 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.