TEXAS TEN 13/16
TEXAS TEN 13/16 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 12 wellbores on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 1,909,796 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 $47.7M, with roughly $10.5M 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 12,090 barrels a month, about 1,007 per wellbore. Its strongest month on the record we hold was April 2019, at 63,676 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 TEXAS TEN 13/16
- Who operates TEXAS TEN 13/16?
- TEXAS TEN 13/16 is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is TEXAS TEN 13/16?
- TEXAS TEN 13/16 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51273.
- Is TEXAS TEN 13/16 still producing?
- TEXAS TEN 13/16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXAS TEN 13/16 is August 2026.
- How much has TEXAS TEN 13/16 produced?
- TEXAS TEN 13/16 has reported 1,909,796 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 12 wellbores.
- How much is TEXAS TEN 13/16 worth?
- The remaining production from TEXAS TEN 13/16 is estimated to be worth about $47.7M in total as of 26 August 2026, within a range of $39.1M to $56.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXAS TEN 13/16 is a fraction of it. The estimate fits an Arps decline curve to the production TEXAS TEN 13/16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXAS TEN 13/16 is an estimate of value, not an offer and not an appraisal.
- How much income does TEXAS TEN 13/16 generate in a year?
- TEXAS TEN 13/16 is forecast to net about $10.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXAS TEN 13/16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Parks (Consolidated) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 51273 |
| Wellbores | 12 |
| Reported production | 1,909,796 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $47.7M |
Where TEXAS TEN 13/16 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.