CHICO COMPANY
CHICO COMPANY is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by United Resources LP. It has 14 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 369,317 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 $506K, with roughly $167K 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 300 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was January 2017, at 3,416 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 CHICO COMPANY
- Who operates CHICO COMPANY?
- CHICO COMPANY is operated by United Resources LP, Railroad Commission of Texas operator number 877595.
- Where is CHICO COMPANY?
- CHICO COMPANY is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17384.
- Is CHICO COMPANY still producing?
- CHICO COMPANY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHICO COMPANY is August 2026.
- How much has CHICO COMPANY produced?
- CHICO COMPANY has reported 369,317 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 14 wellbores.
- How much is CHICO COMPANY worth?
- The remaining production from CHICO COMPANY is estimated to be worth about $506K in total as of 26 August 2026, within a range of $394K to $617K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHICO COMPANY is a fraction of it. The estimate fits an Arps decline curve to the production CHICO COMPANY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHICO COMPANY is an estimate of value, not an offer and not an appraisal.
- How much income does CHICO COMPANY generate in a year?
- CHICO COMPANY is forecast to net about $167K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHICO COMPANY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | United Resources LP |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 17384 |
| Wellbores | 14 |
| Reported production | 369,317 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $506K |
Where CHICO COMPANY 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.