VALLECITO 37-28
VALLECITO 37-28 is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Chesapeake Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2007 to August 2026, totalling 591,137 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 $6.6M, with roughly $1.6M 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 2,320 barrels a month, about 1,160 per wellbore. Its strongest month on the record we hold was March 2017, at 16,921 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 VALLECITO 37-28
- Who operates VALLECITO 37-28?
- VALLECITO 37-28 is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is VALLECITO 37-28?
- VALLECITO 37-28 is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39548.
- Is VALLECITO 37-28 still producing?
- VALLECITO 37-28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VALLECITO 37-28 is August 2026.
- How much has VALLECITO 37-28 produced?
- VALLECITO 37-28 has reported 591,137 barrels of oil (bbl) to the Railroad Commission of Texas between March 2007 and August 2026, from 2 wellbores.
- How much is VALLECITO 37-28 worth?
- The remaining production from VALLECITO 37-28 is estimated to be worth about $6.6M in total as of 27 August 2026, within a range of $5.5M to $7.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VALLECITO 37-28 is a fraction of it. The estimate fits an Arps decline curve to the production VALLECITO 37-28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VALLECITO 37-28 is an estimate of value, not an offer and not an appraisal.
- How much income does VALLECITO 37-28 generate in a year?
- VALLECITO 37-28 is forecast to net about $1.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VALLECITO 37-28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Two Georges (Bone Spring) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 39548 |
| Wellbores | 2 |
| Reported production | 591,137 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.6M |
Where VALLECITO 37-28 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.