CMC PORTERHOUSE F
CMC PORTERHOUSE F is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 3 wellbores on file with the Commission. Reported production runs from February 2025 to August 2026, totalling 595,464 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 $129.1M, with roughly $28.7M 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 45,264 barrels a month, about 15,088 per wellbore. Its strongest month on the record we hold was January 2026, at 86,139 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 CMC PORTERHOUSE F
- Who operates CMC PORTERHOUSE F?
- CMC PORTERHOUSE F is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is CMC PORTERHOUSE F?
- CMC PORTERHOUSE F is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63187.
- Is CMC PORTERHOUSE F still producing?
- CMC PORTERHOUSE F is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CMC PORTERHOUSE F is August 2026.
- How much has CMC PORTERHOUSE F produced?
- CMC PORTERHOUSE F has reported 595,464 barrels of oil (bbl) to the Railroad Commission of Texas between February 2025 and August 2026, from 3 wellbores.
- How much is CMC PORTERHOUSE F worth?
- The remaining production from CMC PORTERHOUSE F is estimated to be worth about $129.1M in total as of 26 August 2026, within a range of $105.8M to $152.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CMC PORTERHOUSE F is a fraction of it. The estimate fits an Arps decline curve to the production CMC PORTERHOUSE F has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CMC PORTERHOUSE F is an estimate of value, not an offer and not an appraisal.
- How much income does CMC PORTERHOUSE F generate in a year?
- CMC PORTERHOUSE F is forecast to net about $28.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CMC PORTERHOUSE F receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 63187 |
| Wellbores | 3 |
| Reported production | 595,464 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $129.1M |
Where CMC PORTERHOUSE F 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.