CVS
CVS is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Abraxas Production Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 51,480 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 $888K, with roughly $171K 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 238 barrels a month, about 79 per wellbore. Its strongest month on the record we hold was July 2025, at 319 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 CVS
- Who operates CVS?
- CVS is operated by Abraxas Production Corporation, Railroad Commission of Texas operator number 003140.
- Where is CVS?
- CVS is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 27338.
- Is CVS still producing?
- CVS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CVS is August 2026.
- How much has CVS produced?
- CVS has reported 51,480 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is CVS worth?
- The remaining production from CVS is estimated to be worth about $888K in total as of 26 August 2026, within a range of $692K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CVS is a fraction of it. The estimate fits an Arps decline curve to the production CVS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CVS is an estimate of value, not an offer and not an appraisal.
- How much income does CVS generate in a year?
- CVS is forecast to net about $171K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CVS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Abraxas Production Corporation |
|---|---|
| Field | Westbrook, East (Clear Fork) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 27338 |
| Wellbores | 3 |
| Reported production | 51,480 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $888K |
Where CVS 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.