UL CHEESMAN 5F
UL CHEESMAN 5F is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2024 to August 2026, totalling 188,709 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 $8.7M, with roughly $2.3M 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 3,552 barrels a month. Its strongest month on the record we hold was February 2024, at 27,392 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 5F
- Who operates UL CHEESMAN 5F?
- UL CHEESMAN 5F is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is UL CHEESMAN 5F?
- UL CHEESMAN 5F is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62360.
- Is UL CHEESMAN 5F still producing?
- UL CHEESMAN 5F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL CHEESMAN 5F is August 2026.
- How much has UL CHEESMAN 5F produced?
- UL CHEESMAN 5F has reported 188,709 barrels of oil (bbl) to the Railroad Commission of Texas between January 2024 and August 2026, from 1 wellbore.
- How much is UL CHEESMAN 5F worth?
- The remaining production from UL CHEESMAN 5F is estimated to be worth about $8.7M in total as of 27 August 2026, within a range of $7.2M to $10.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL CHEESMAN 5F is a fraction of it. The estimate fits an Arps decline curve to the production UL CHEESMAN 5F 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 5F is an estimate of value, not an offer and not an appraisal.
- How much income does UL CHEESMAN 5F generate in a year?
- UL CHEESMAN 5F is forecast to net about $2.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL CHEESMAN 5F 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 | 62360 |
| Wellbores | 1 |
| Reported production | 188,709 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.7M |
Where UL CHEESMAN 5F 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.