CVX KATIE (SA) M
CVX KATIE (SA) M is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by SM Energy Company. It has 2 wellbores on file with the Commission. Reported production runs from December 2020 to August 2026, totalling 665,080 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 $7.2M, with roughly $2.2M 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 3,789 barrels a month, about 1,894 per wellbore. Its strongest month on the record we hold was January 2021, at 56,620 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CVX KATIE (SA) M
- Who operates CVX KATIE (SA) M?
- CVX KATIE (SA) M is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is CVX KATIE (SA) M?
- CVX KATIE (SA) M is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21190.
- Is CVX KATIE (SA) M still producing?
- CVX KATIE (SA) M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CVX KATIE (SA) M is August 2026.
- How much has CVX KATIE (SA) M produced?
- CVX KATIE (SA) M has reported 665,080 barrels of oil (bbl) to the Railroad Commission of Texas between December 2020 and August 2026, from 2 wellbores.
- How much is CVX KATIE (SA) M worth?
- The remaining production from CVX KATIE (SA) M is estimated to be worth about $7.2M in total as of 26 August 2026, within a range of $6.0M to $8.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CVX KATIE (SA) M is a fraction of it. The estimate fits an Arps decline curve to the production CVX KATIE (SA) M has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CVX KATIE (SA) M is an estimate of value, not an offer and not an appraisal.
- How much income does CVX KATIE (SA) M generate in a year?
- CVX KATIE (SA) M is forecast to net about $2.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CVX KATIE (SA) M receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21190 |
| Wellbores | 2 |
| Reported production | 665,080 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.2M |
Where CVX KATIE (SA) M 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.