ICA/CHEVRON 22
ICA/CHEVRON 22 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Ica Energy Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 16,446 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 $137K, with roughly $26K 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 24 barrels a month. Its strongest month on the record we hold was June 2016, at 165 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 ICA/CHEVRON 22
- Who operates ICA/CHEVRON 22?
- ICA/CHEVRON 22 is operated by Ica Energy Operating, L.L.C., Railroad Commission of Texas operator number 421777.
- Where is ICA/CHEVRON 22?
- ICA/CHEVRON 22 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46040.
- Is ICA/CHEVRON 22 still producing?
- ICA/CHEVRON 22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ICA/CHEVRON 22 is August 2026.
- How much has ICA/CHEVRON 22 produced?
- ICA/CHEVRON 22 has reported 16,446 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is ICA/CHEVRON 22 worth?
- The remaining production from ICA/CHEVRON 22 is estimated to be worth about $137K in total as of 27 August 2026, within a range of $75K to $198K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ICA/CHEVRON 22 is a fraction of it. The estimate fits an Arps decline curve to the production ICA/CHEVRON 22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ICA/CHEVRON 22 is an estimate of value, not an offer and not an appraisal.
- How much income does ICA/CHEVRON 22 generate in a year?
- ICA/CHEVRON 22 is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ICA/CHEVRON 22 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ica Energy Operating, L.L.C. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 46040 |
| Wellbores | 1 |
| Reported production | 16,446 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $137K |
Where ICA/CHEVRON 22 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.