REEVES TXL FEE T7-50-29
REEVES TXL FEE T7-50-29 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 7 wellbores on file with the Commission. Reported production runs from March 2019 to August 2026, totalling 1,908,999 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 $869K, with roughly $185K expected over the next twelve months.
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 51997 |
| Wellbores | 7 |
| Reported production | 1,908,999 bbl |
| First reported | March 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $869K |
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.