CHICO AL02
CHICO AL02 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Discovery Natural Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2019 to August 2026, totalling 181,716 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $744K, with roughly $347K 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 499 barrels a month. Its strongest month on the record we hold was January 2020, at 11,674 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 AL02
- Who operates CHICO AL02?
- CHICO AL02 is operated by Discovery Natural Resources LLC, Railroad Commission of Texas operator number 220855.
- Where is CHICO AL02?
- CHICO AL02 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20477.
- Is CHICO AL02 still producing?
- CHICO AL02 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHICO AL02 is August 2026.
- How much has CHICO AL02 produced?
- CHICO AL02 has reported 181,716 barrels of oil (bbl) to the Railroad Commission of Texas between July 2019 and August 2026, from 1 wellbore.
- How much is CHICO AL02 worth?
- The remaining production from CHICO AL02 is estimated to be worth about $744K in total as of 26 August 2026, within a range of $580K to $908K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHICO AL02 is a fraction of it. The estimate fits an Arps decline curve to the production CHICO AL02 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHICO AL02 is an estimate of value, not an offer and not an appraisal.
- How much income does CHICO AL02 generate in a year?
- CHICO AL02 is forecast to net about $347K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHICO AL02 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Discovery Natural Resources LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20477 |
| Wellbores | 1 |
| Reported production | 181,716 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $744K |
Where CHICO AL02 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.