CHILI B
CHILI B 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 February 2023 to August 2026, totalling 265,860 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 $10.0M, with roughly $2.7M 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 3,094 barrels a month. Its strongest month on the record we hold was August 2023, at 30,850 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 CHILI B
- Who operates CHILI B?
- CHILI B is operated by Discovery Natural Resources LLC, Railroad Commission of Texas operator number 220855.
- Where is CHILI B?
- CHILI B is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22259.
- Is CHILI B still producing?
- CHILI B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHILI B is August 2026.
- How much has CHILI B produced?
- CHILI B has reported 265,860 barrels of oil (bbl) to the Railroad Commission of Texas between February 2023 and August 2026, from 1 wellbore.
- How much is CHILI B worth?
- The remaining production from CHILI B is estimated to be worth about $10.0M in total as of 26 August 2026, within a range of $8.3M to $11.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHILI B is a fraction of it. The estimate fits an Arps decline curve to the production CHILI B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHILI B is an estimate of value, not an offer and not an appraisal.
- How much income does CHILI B generate in a year?
- CHILI B is forecast to net about $2.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHILI B 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 | 22259 |
| Wellbores | 1 |
| Reported production | 265,860 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.0M |
Where CHILI B 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.