SEC 143-1
SEC 143-1 is a Texas oil lease in Dickens County, Railroad Commission district 8A, operated by CCV, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 78,047 barrels. The lease is intermittent. 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 $623K, with roughly $119K 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 41 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was January 2025, at 191 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 SEC 143-1
- Who operates SEC 143-1?
- SEC 143-1 is operated by CCV, Inc., Railroad Commission of Texas operator number 120048.
- Where is SEC 143-1?
- SEC 143-1 is a Texas oil lease in Dickens County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 65636.
- Is SEC 143-1 still producing?
- SEC 143-1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SEC 143-1 is August 2026.
- How much has SEC 143-1 produced?
- SEC 143-1 has reported 78,047 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SEC 143-1 worth?
- The remaining production from SEC 143-1 is estimated to be worth about $623K in total as of 26 August 2026, within a range of $343K to $904K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEC 143-1 is a fraction of it. The estimate fits an Arps decline curve to the production SEC 143-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEC 143-1 is an estimate of value, not an offer and not an appraisal.
- How much income does SEC 143-1 generate in a year?
- SEC 143-1 is forecast to net about $119K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEC 143-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CCV, Inc. |
|---|---|
| Field | Michelle Kay (Cisco) |
| County | Dickens County, Texas |
| RRC district | 8A |
| Lease number | 65636 |
| Wellbores | 2 |
| Reported production | 78,047 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $623K |
Where SEC 143-1 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.