CHEVY COLORADO 56-T2-20X17
CHEVY COLORADO 56-T2-20X17 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by BPX Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2023 to August 2026, totalling 1,490,016 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 $3.1M, with roughly $2.1M 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 29,326 thousand cubic feet a month. Its strongest month on the record we hold was July 2024, at 133,874 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 CHEVY COLORADO 56-T2-20X17
- Who operates CHEVY COLORADO 56-T2-20X17?
- CHEVY COLORADO 56-T2-20X17 is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is CHEVY COLORADO 56-T2-20X17?
- CHEVY COLORADO 56-T2-20X17 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 296566.
- Is CHEVY COLORADO 56-T2-20X17 still producing?
- CHEVY COLORADO 56-T2-20X17 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEVY COLORADO 56-T2-20X17 is August 2026.
- How much has CHEVY COLORADO 56-T2-20X17 produced?
- CHEVY COLORADO 56-T2-20X17 has reported 1,490,016 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2023 and August 2026, from 1 wellbore.
- How much is CHEVY COLORADO 56-T2-20X17 worth?
- The remaining production from CHEVY COLORADO 56-T2-20X17 is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.5M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEVY COLORADO 56-T2-20X17 is a fraction of it. The estimate fits an Arps decline curve to the production CHEVY COLORADO 56-T2-20X17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEVY COLORADO 56-T2-20X17 is an estimate of value, not an offer and not an appraisal.
- How much income does CHEVY COLORADO 56-T2-20X17 generate in a year?
- CHEVY COLORADO 56-T2-20X17 is forecast to net about $2.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHEVY COLORADO 56-T2-20X17 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BPX Operating Company |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 296566 |
| Wellbores | 1 |
| Reported production | 1,490,016 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where CHEVY COLORADO 56-T2-20X17 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.