CMC PEONY E

CMC PEONY E 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 January 2020 to August 2026, totalling 369,012 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 $110K, with roughly $32K expected over the next twelve months.

OperatorChevron U. S. A. Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number55392
Wellbores1
Reported production369,012 bbl
First reportedJanuary 2020
Last reportedAugust 2026
Estimated royalty value$110K

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.