CHAPMAN UNIT
CHAPMAN UNIT is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Lewis Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 69,697 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 $500K, with roughly $96K 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 127 barrels a month. Its strongest month on the record we hold was October 2019, at 182 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CHAPMAN UNIT
- Who operates CHAPMAN UNIT?
- CHAPMAN UNIT is operated by Lewis Operating Company, Railroad Commission of Texas operator number 499984.
- Where is CHAPMAN UNIT?
- CHAPMAN UNIT is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 24993.
- Is CHAPMAN UNIT still producing?
- CHAPMAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHAPMAN UNIT is August 2026.
- How much has CHAPMAN UNIT produced?
- CHAPMAN UNIT has reported 69,697 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CHAPMAN UNIT worth?
- The remaining production from CHAPMAN UNIT is estimated to be worth about $500K in total as of 26 August 2026, within a range of $390K to $610K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHAPMAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CHAPMAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHAPMAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CHAPMAN UNIT generate in a year?
- CHAPMAN UNIT is forecast to net about $96K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHAPMAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Operating Company |
|---|---|
| Field | Short (Ellenburger) |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 24993 |
| Wellbores | 1 |
| Reported production | 69,697 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $500K |
Where CHAPMAN UNIT 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.