HAY WINSTON 17/20

HAY WINSTON 17/20 is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2022 to August 2026, totalling 1,704,046 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 $9.2M, with roughly $2.6M 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 26,442 thousand cubic feet a month. Its strongest month on the record we hold was May 2023, at 87,642 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 HAY WINSTON 17/20

Who operates HAY WINSTON 17/20?: HAY WINSTON 17/20 is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
Where is HAY WINSTON 17/20?: HAY WINSTON 17/20 is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 294019.
Is HAY WINSTON 17/20 still producing?: HAY WINSTON 17/20 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAY WINSTON 17/20 is August 2026.
How much has HAY WINSTON 17/20 produced?: HAY WINSTON 17/20 has reported 1,704,046 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2022 and August 2026, from 1 wellbore.
How much is HAY WINSTON 17/20 worth?: The remaining production from HAY WINSTON 17/20 is estimated to be worth about $9.2M in total as of 26 August 2026, within a range of $7.6M to $10.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAY WINSTON 17/20 is a fraction of it. The estimate fits an Arps decline curve to the production HAY WINSTON 17/20 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAY WINSTON 17/20 is an estimate of value, not an offer and not an appraisal.
How much income does HAY WINSTON 17/20 generate in a year?: HAY WINSTON 17/20 is forecast to net about $2.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAY WINSTON 17/20 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HAY WINSTON 17/20 as filed with the Railroad Commission of Texas
Operator	Chevron U. S. A. Inc.
Field	Ford, West (Wolfcamp)
County	Culberson County, Texas
RRC district	08
Lease number	294019
Wellbores	1
Reported production	1,704,046 mcf
First reported	August 2022
Last reported	August 2026
Estimated royalty value	$9.2M

Where HAY WINSTON 17/20 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.