CHASE "C"
CHASE "C" is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Bluco Production Co., Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 239,843 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 $1.3M, with roughly $325K 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 472 barrels a month, about 157 per wellbore. Its strongest month on the record we hold was March 2022, at 1,420 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 CHASE "C"
- Who operates CHASE "C"?
- CHASE "C" is operated by Bluco Production Co., Inc., Railroad Commission of Texas operator number 076395.
- Where is CHASE "C"?
- CHASE "C" is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 30414.
- Is CHASE "C" still producing?
- CHASE "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHASE "C" is August 2026.
- How much has CHASE "C" produced?
- CHASE "C" has reported 239,843 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is CHASE "C" worth?
- The remaining production from CHASE "C" is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHASE "C" is a fraction of it. The estimate fits an Arps decline curve to the production CHASE "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHASE "C" is an estimate of value, not an offer and not an appraisal.
- How much income does CHASE "C" generate in a year?
- CHASE "C" is forecast to net about $325K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHASE "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bluco Production Co., Inc. |
|---|---|
| Field | Cowden, South |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 30414 |
| Wellbores | 3 |
| Reported production | 239,843 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where CHASE "C" 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.