EXXON STATE
EXXON STATE is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Chance Properties. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 24,621 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $737, with roughly $142 expected over the next twelve months.
| Operator | Chance Properties |
|---|---|
| Field | Pecos Bend (Olds) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 31203 |
| Wellbores | 1 |
| Reported production | 24,621 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $737 |
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.