CHEW
CHEW is a Texas oil lease in Cass County, Railroad Commission district 06, operated by Aratex Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 62,644 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 $353K, with roughly $68K 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 93 barrels a month. Its strongest month on the record we hold was April 2021, at 224 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CHEW
- Who operates CHEW?
- CHEW is operated by Aratex Production Company, Railroad Commission of Texas operator number 028723.
- Where is CHEW?
- CHEW is a Texas oil lease in Cass County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 01473.
- Is CHEW still producing?
- CHEW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEW is August 2026.
- How much has CHEW produced?
- CHEW has reported 62,644 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CHEW worth?
- The remaining production from CHEW is estimated to be worth about $353K in total as of 26 August 2026, within a range of $194K to $512K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEW is a fraction of it. The estimate fits an Arps decline curve to the production CHEW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEW is an estimate of value, not an offer and not an appraisal.
- How much income does CHEW generate in a year?
- CHEW is forecast to net about $68K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHEW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Aratex Production Company |
|---|---|
| Field | Rodessa (Dees Young) |
| County | Cass County, Texas |
| RRC district | 06 |
| Lease number | 01473 |
| Wellbores | 1 |
| Reported production | 62,644 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $353K |
Where CHEW 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.