CHEVRON 9
CHEVRON 9 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Great Western Drilling Company. It has 3 wellbores on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 16,800 barrels. The lease is intermittent. 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 $48K, with roughly $9K 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 8 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was January 2019, at 179 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 CHEVRON 9
- Who operates CHEVRON 9?
- CHEVRON 9 is operated by Great Western Drilling Company, Railroad Commission of Texas operator number 328780.
- Where is CHEVRON 9?
- CHEVRON 9 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42783.
- Is CHEVRON 9 still producing?
- CHEVRON 9 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CHEVRON 9 is August 2026.
- How much has CHEVRON 9 produced?
- CHEVRON 9 has reported 16,800 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 3 wellbores.
- How much is CHEVRON 9 worth?
- The remaining production from CHEVRON 9 is estimated to be worth about $48K in total as of 26 August 2026, within a range of $0 to $96K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEVRON 9 is a fraction of it. The estimate fits an Arps decline curve to the production CHEVRON 9 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEVRON 9 is an estimate of value, not an offer and not an appraisal.
- How much income does CHEVRON 9 generate in a year?
- CHEVRON 9 is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHEVRON 9 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Great Western Drilling Company |
|---|---|
| Field | Sand Bend Draw (Ramsey) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 42783 |
| Wellbores | 3 |
| Reported production | 16,800 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $48K |
Where CHEVRON 9 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.