CHEVRON "43"
CHEVRON "43" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Terrace Petroleum Corporation. It has 22 wellbores on file with the Commission. Reported production runs from January 2006 to August 2026, totalling 1,062,716 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 $153K, with roughly $34K expected over the next twelve months.
| Operator | Terrace Petroleum Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 15912 |
| Wellbores | 22 |
| Reported production | 1,062,716 bbl |
| First reported | January 2006 |
| Last reported | August 2026 |
| Estimated royalty value | $153K |
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.