PERSEPHONE 42/31 X
PERSEPHONE 42/31 X is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2019 to August 2026, totalling 269,363 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 $833K, with roughly $466K 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 936 barrels a month. Its strongest month on the record we hold was August 2020, at 23,528 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 PERSEPHONE 42/31 X
- Who operates PERSEPHONE 42/31 X?
- PERSEPHONE 42/31 X is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is PERSEPHONE 42/31 X?
- PERSEPHONE 42/31 X is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54386.
- Is PERSEPHONE 42/31 X still producing?
- PERSEPHONE 42/31 X is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PERSEPHONE 42/31 X is August 2026.
- How much has PERSEPHONE 42/31 X produced?
- PERSEPHONE 42/31 X has reported 269,363 barrels of oil (bbl) to the Railroad Commission of Texas between December 2019 and August 2026, from 1 wellbore.
- How much is PERSEPHONE 42/31 X worth?
- The remaining production from PERSEPHONE 42/31 X is estimated to be worth about $833K in total as of 26 August 2026, within a range of $650K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PERSEPHONE 42/31 X is a fraction of it. The estimate fits an Arps decline curve to the production PERSEPHONE 42/31 X has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PERSEPHONE 42/31 X is an estimate of value, not an offer and not an appraisal.
- How much income does PERSEPHONE 42/31 X generate in a year?
- PERSEPHONE 42/31 X is forecast to net about $466K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PERSEPHONE 42/31 X 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 | 54386 |
| Wellbores | 1 |
| Reported production | 269,363 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $833K |
Where PERSEPHONE 42/31 X 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.