POSEY & BAKER (CHEVRON)
POSEY & BAKER (CHEVRON) is a Texas oil lease in Guadalupe County, Railroad Commission district 01, operated by Meridian Oil Production Inc. It has 23 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 365,938 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $21K, with roughly $7K expected over the next twelve months.
| Operator | Meridian Oil Production Inc. |
|---|---|
| Field | Darst Creek (Edwards) |
| County | Guadalupe County, Texas |
| RRC district | 01 |
| Lease number | 02780 |
| Wellbores | 23 |
| Reported production | 365,938 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $21K |
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.