UL CHEESMAN 5E
UL CHEESMAN 5E is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 2024 to August 2026, totalling 451,168 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 $13.0M, with roughly $4.4M 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 7,639 barrels a month, about 2,546 per wellbore. Its strongest month on the record we hold was February 2024, at 53,217 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 UL CHEESMAN 5E
- Who operates UL CHEESMAN 5E?
- UL CHEESMAN 5E is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is UL CHEESMAN 5E?
- UL CHEESMAN 5E is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61677.
- Is UL CHEESMAN 5E still producing?
- UL CHEESMAN 5E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL CHEESMAN 5E is August 2026.
- How much has UL CHEESMAN 5E produced?
- UL CHEESMAN 5E has reported 451,168 barrels of oil (bbl) to the Railroad Commission of Texas between January 2024 and August 2026, from 3 wellbores.
- How much is UL CHEESMAN 5E worth?
- The remaining production from UL CHEESMAN 5E is estimated to be worth about $13.0M in total as of 27 August 2026, within a range of $10.8M to $15.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL CHEESMAN 5E is a fraction of it. The estimate fits an Arps decline curve to the production UL CHEESMAN 5E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL CHEESMAN 5E is an estimate of value, not an offer and not an appraisal.
- How much income does UL CHEESMAN 5E generate in a year?
- UL CHEESMAN 5E is forecast to net about $4.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL CHEESMAN 5E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 61677 |
| Wellbores | 3 |
| Reported production | 451,168 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $13.0M |
Where UL CHEESMAN 5E 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.