CHILES O U B-1
CHILES O U B-1 is a Texas oil lease in Cherokee County, Railroad Commission district 06, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2021 to August 2026, totalling 6,230 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 $225K, with roughly $35K 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 23 barrels a month. Its strongest month on the record we hold was May 2021, at 1,133 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 CHILES O U B-1
- Who operates CHILES O U B-1?
- CHILES O U B-1 is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is CHILES O U B-1?
- CHILES O U B-1 is a Texas oil lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15804.
- Is CHILES O U B-1 still producing?
- CHILES O U B-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHILES O U B-1 is August 2026.
- How much has CHILES O U B-1 produced?
- CHILES O U B-1 has reported 6,230 barrels of oil (bbl) to the Railroad Commission of Texas between May 2021 and August 2026, from 1 wellbore.
- How much is CHILES O U B-1 worth?
- The remaining production from CHILES O U B-1 is estimated to be worth about $225K in total as of 27 August 2026, within a range of $124K to $327K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHILES O U B-1 is a fraction of it. The estimate fits an Arps decline curve to the production CHILES O U B-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHILES O U B-1 is an estimate of value, not an offer and not an appraisal.
- How much income does CHILES O U B-1 generate in a year?
- CHILES O U B-1 is forecast to net about $35K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHILES O U B-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Valence Operating Company |
|---|---|
| Field | Troup (Travis Peak) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 15804 |
| Wellbores | 1 |
| Reported production | 6,230 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $225K |
Where CHILES O U B-1 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.