REEVES TXL FEE T7-50-3
REEVES TXL FEE T7-50-3 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2014 to August 2026, totalling 39,432 barrels. The lease is shut in. 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 $5K, with roughly $843 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 14 barrels a month. Its strongest month on the record we hold was September 2016, at 382 barrels.
Key facts about REEVES TXL FEE T7-50-3
- Who operates REEVES TXL FEE T7-50-3?
- REEVES TXL FEE T7-50-3 is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is REEVES TXL FEE T7-50-3?
- REEVES TXL FEE T7-50-3 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45284.
- Is REEVES TXL FEE T7-50-3 still producing?
- REEVES TXL FEE T7-50-3 is shut in. The most recent month of production reported to the Railroad Commission of Texas for REEVES TXL FEE T7-50-3 is August 2026.
- How much has REEVES TXL FEE T7-50-3 produced?
- REEVES TXL FEE T7-50-3 has reported 39,432 barrels of oil (bbl) to the Railroad Commission of Texas between February 2014 and August 2026, from 1 wellbore.
- How much is REEVES TXL FEE T7-50-3 worth?
- The remaining production from REEVES TXL FEE T7-50-3 is estimated to be worth about $5K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REEVES TXL FEE T7-50-3 is a fraction of it. The estimate fits an Arps decline curve to the production REEVES TXL FEE T7-50-3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REEVES TXL FEE T7-50-3 is an estimate of value, not an offer and not an appraisal.
- How much income does REEVES TXL FEE T7-50-3 generate in a year?
- REEVES TXL FEE T7-50-3 is forecast to net about $843 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REEVES TXL FEE T7-50-3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 45284 |
| Wellbores | 1 |
| Reported production | 39,432 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where REEVES TXL FEE T7-50-3 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.