BIG WELLS SOUTH UNIT 12 DIM
BIG WELLS SOUTH UNIT 12 DIM is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, L.L.C. It has 2 wellbores on file with the Commission. Reported production runs from March 2016 to August 2026, totalling 592,191 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 $1.3M, with roughly $514K 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 747 barrels a month, about 374 per wellbore. Its strongest month on the record we hold was June 2016, at 34,842 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 BIG WELLS SOUTH UNIT 12 DIM
- Who operates BIG WELLS SOUTH UNIT 12 DIM?
- BIG WELLS SOUTH UNIT 12 DIM is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is BIG WELLS SOUTH UNIT 12 DIM?
- BIG WELLS SOUTH UNIT 12 DIM is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18746.
- Is BIG WELLS SOUTH UNIT 12 DIM still producing?
- BIG WELLS SOUTH UNIT 12 DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIG WELLS SOUTH UNIT 12 DIM is August 2026.
- How much has BIG WELLS SOUTH UNIT 12 DIM produced?
- BIG WELLS SOUTH UNIT 12 DIM has reported 592,191 barrels of oil (bbl) to the Railroad Commission of Texas between March 2016 and August 2026, from 2 wellbores.
- How much is BIG WELLS SOUTH UNIT 12 DIM worth?
- The remaining production from BIG WELLS SOUTH UNIT 12 DIM is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $981K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIG WELLS SOUTH UNIT 12 DIM is a fraction of it. The estimate fits an Arps decline curve to the production BIG WELLS SOUTH UNIT 12 DIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIG WELLS SOUTH UNIT 12 DIM is an estimate of value, not an offer and not an appraisal.
- How much income does BIG WELLS SOUTH UNIT 12 DIM generate in a year?
- BIG WELLS SOUTH UNIT 12 DIM is forecast to net about $514K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BIG WELLS SOUTH UNIT 12 DIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 18746 |
| Wellbores | 2 |
| Reported production | 592,191 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where BIG WELLS SOUTH UNIT 12 DIM 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.