SIVELLS BEND /STRAWN/ UNIT

SIVELLS BEND /STRAWN/ UNIT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Chevron U. S. A. Inc. It has 84 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,061,066 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 $5.9M, with roughly $1.6M 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 2,590 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was October 2021, at 5,019 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SIVELLS BEND /STRAWN/ UNIT

Who operates SIVELLS BEND /STRAWN/ UNIT?: SIVELLS BEND /STRAWN/ UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
Where is SIVELLS BEND /STRAWN/ UNIT?: SIVELLS BEND /STRAWN/ UNIT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 16087.
Is SIVELLS BEND /STRAWN/ UNIT still producing?: SIVELLS BEND /STRAWN/ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SIVELLS BEND /STRAWN/ UNIT is August 2026.
How much has SIVELLS BEND /STRAWN/ UNIT produced?: SIVELLS BEND /STRAWN/ UNIT has reported 4,061,066 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 84 wellbores.
How much is SIVELLS BEND /STRAWN/ UNIT worth?: The remaining production from SIVELLS BEND /STRAWN/ UNIT is estimated to be worth about $5.9M in total as of 26 August 2026, within a range of $4.9M to $6.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SIVELLS BEND /STRAWN/ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SIVELLS BEND /STRAWN/ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SIVELLS BEND /STRAWN/ UNIT is an estimate of value, not an offer and not an appraisal.
How much income does SIVELLS BEND /STRAWN/ UNIT generate in a year?: SIVELLS BEND /STRAWN/ UNIT is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SIVELLS BEND /STRAWN/ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SIVELLS BEND /STRAWN/ UNIT as filed with the Railroad Commission of Texas
Operator	Chevron U. S. A. Inc.
Field	Sivells Bend
County	Cooke County, Texas
RRC district	09
Lease number	16087
Wellbores	84
Reported production	4,061,066 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$5.9M

Where SIVELLS BEND /STRAWN/ UNIT sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.