CWEI-CHK STATE 12-52-8
CWEI-CHK STATE 12-52-8 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 58,207 barrels. The lease is intermittent. 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 $370K, with roughly $68K 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 45 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was May 2019, at 3,830 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 CWEI-CHK STATE 12-52-8
- Who operates CWEI-CHK STATE 12-52-8?
- CWEI-CHK STATE 12-52-8 is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is CWEI-CHK STATE 12-52-8?
- CWEI-CHK STATE 12-52-8 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51383.
- Is CWEI-CHK STATE 12-52-8 still producing?
- CWEI-CHK STATE 12-52-8 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CWEI-CHK STATE 12-52-8 is August 2026.
- How much has CWEI-CHK STATE 12-52-8 produced?
- CWEI-CHK STATE 12-52-8 has reported 58,207 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 2 wellbores.
- How much is CWEI-CHK STATE 12-52-8 worth?
- The remaining production from CWEI-CHK STATE 12-52-8 is estimated to be worth about $370K in total as of 27 August 2026, within a range of $203K to $536K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CWEI-CHK STATE 12-52-8 is a fraction of it. The estimate fits an Arps decline curve to the production CWEI-CHK STATE 12-52-8 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CWEI-CHK STATE 12-52-8 is an estimate of value, not an offer and not an appraisal.
- How much income does CWEI-CHK STATE 12-52-8 generate in a year?
- CWEI-CHK STATE 12-52-8 is forecast to net about $68K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CWEI-CHK STATE 12-52-8 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 51383 |
| Wellbores | 2 |
| Reported production | 58,207 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $370K |
Where CWEI-CHK STATE 12-52-8 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.