TEXACO 17
TEXACO 17 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Caird Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from August 2015 to August 2026, totalling 201,111 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 $1.7M, with roughly $457K 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 528 barrels a month, about 264 per wellbore. Its strongest month on the record we hold was July 2016, at 3,185 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 TEXACO 17
- Who operates TEXACO 17?
- TEXACO 17 is operated by Caird Operating, LLC, Railroad Commission of Texas operator number 123132.
- Where is TEXACO 17?
- TEXACO 17 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47052.
- Is TEXACO 17 still producing?
- TEXACO 17 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO 17 is August 2026.
- How much has TEXACO 17 produced?
- TEXACO 17 has reported 201,111 barrels of oil (bbl) to the Railroad Commission of Texas between August 2015 and August 2026, from 2 wellbores.
- How much is TEXACO 17 worth?
- The remaining production from TEXACO 17 is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO 17 is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO 17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO 17 is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO 17 generate in a year?
- TEXACO 17 is forecast to net about $457K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEXACO 17 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Caird Operating, LLC |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 47052 |
| Wellbores | 2 |
| Reported production | 201,111 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where TEXACO 17 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.