FT. CHADBOURNE ODOM LIME UNIT

FT. CHADBOURNE ODOM LIME UNIT is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by Exxon Corp. It has 191 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,815,722 barrels. 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 $1.9M, with roughly $262K 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 160 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was December 2016, at 1,449 barrels. 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 FT. CHADBOURNE ODOM LIME UNIT

Who operates FT. CHADBOURNE ODOM LIME UNIT?
FT. CHADBOURNE ODOM LIME UNIT is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
Where is FT. CHADBOURNE ODOM LIME UNIT?
FT. CHADBOURNE ODOM LIME UNIT is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 00506.
Is FT. CHADBOURNE ODOM LIME UNIT still producing?
FT. CHADBOURNE ODOM LIME UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FT. CHADBOURNE ODOM LIME UNIT is August 2026.
How much has FT. CHADBOURNE ODOM LIME UNIT produced?
FT. CHADBOURNE ODOM LIME UNIT has reported 1,815,722 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 191 wellbores.
How much is FT. CHADBOURNE ODOM LIME UNIT worth?
The remaining production from FT. CHADBOURNE ODOM LIME UNIT is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.4M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FT. CHADBOURNE ODOM LIME UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FT. CHADBOURNE ODOM LIME UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FT. CHADBOURNE ODOM LIME UNIT is an estimate of value, not an offer and not an appraisal.
How much income does FT. CHADBOURNE ODOM LIME UNIT generate in a year?
FT. CHADBOURNE ODOM LIME UNIT is forecast to net about $262K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FT. CHADBOURNE ODOM LIME UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FT. CHADBOURNE ODOM LIME UNIT as filed with the Railroad Commission of Texas
OperatorExxon Corp.
FieldFort Chadbourne
CountyRunnels County, Texas
RRC district7C
Lease number00506
Wellbores191
Reported production1,815,722 bbl
First reported
Last reported
Estimated royalty value$1.9M

Where FT. CHADBOURNE ODOM LIME UNIT 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.