REV GF STATE T7 50
REV GF STATE T7 50 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 26 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 6,635,065 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1.6M, with roughly $593K expected over the next twelve months.
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 50122 |
| Wellbores | 26 |
| Reported production | 6,635,065 bbl |
| First reported | March 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $1.6M |
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.