ARGO-VEST

ARGO-VEST is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Chance Properties. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 255,112 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 $132K, with roughly $30K expected over the next twelve months.

OperatorChance Properties
FieldKermit
CountyWinkler County, Texas
RRC district08
Lease number03263
Wellbores4
Reported production255,112 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$132K

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.