DR STATE WISE UNIT 1
DR STATE WISE UNIT 1 is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 4,195,551 thousand cubic feet. 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 $12.5M, with roughly $2.8M 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 25,698 thousand cubic feet a month. Its strongest month on the record we hold was January 2020, at 102,601 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 DR STATE WISE UNIT 1
- Who operates DR STATE WISE UNIT 1?
- DR STATE WISE UNIT 1 is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is DR STATE WISE UNIT 1?
- DR STATE WISE UNIT 1 is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 286254.
- Is DR STATE WISE UNIT 1 still producing?
- DR STATE WISE UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DR STATE WISE UNIT 1 is August 2026.
- How much has DR STATE WISE UNIT 1 produced?
- DR STATE WISE UNIT 1 has reported 4,195,551 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is DR STATE WISE UNIT 1 worth?
- The remaining production from DR STATE WISE UNIT 1 is estimated to be worth about $12.5M in total as of 26 August 2026, within a range of $10.3M to $14.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DR STATE WISE UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production DR STATE WISE UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DR STATE WISE UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does DR STATE WISE UNIT 1 generate in a year?
- DR STATE WISE UNIT 1 is forecast to net about $2.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DR STATE WISE UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 286254 |
| Wellbores | 1 |
| Reported production | 4,195,551 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.5M |
Where DR STATE WISE UNIT 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.