REEF RUNNER STATE 162
REEF RUNNER STATE 162 is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from December 2013 to August 2026, totalling 272,777 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 $827K, with roughly $306K 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 839 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 7,532 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 REEF RUNNER STATE 162
- Who operates REEF RUNNER STATE 162?
- REEF RUNNER STATE 162 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is REEF RUNNER STATE 162?
- REEF RUNNER STATE 162 is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 300073.
- Is REEF RUNNER STATE 162 still producing?
- REEF RUNNER STATE 162 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REEF RUNNER STATE 162 is August 2026.
- How much has REEF RUNNER STATE 162 produced?
- REEF RUNNER STATE 162 has reported 272,777 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2013 and August 2026, from 1 wellbore.
- How much is REEF RUNNER STATE 162 worth?
- The remaining production from REEF RUNNER STATE 162 is estimated to be worth about $827K in total as of 26 August 2026, within a range of $645K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REEF RUNNER STATE 162 is a fraction of it. The estimate fits an Arps decline curve to the production REEF RUNNER STATE 162 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REEF RUNNER STATE 162 is an estimate of value, not an offer and not an appraisal.
- How much income does REEF RUNNER STATE 162 generate in a year?
- REEF RUNNER STATE 162 is forecast to net about $306K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REEF RUNNER STATE 162 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 300073 |
| Wellbores | 1 |
| Reported production | 272,777 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $827K |
Where REEF RUNNER STATE 162 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.