CVX 1
CVX 1 is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Sandridge Expl. And Prod., LLC. It has 22 wellbores on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 614,075 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 $380K, with roughly $221K 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 576 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was August 2020, at 5,122 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 CVX 1
- Who operates CVX 1?
- CVX 1 is operated by Sandridge Expl. And Prod., LLC, Railroad Commission of Texas operator number 748011.
- Where is CVX 1?
- CVX 1 is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39030.
- Is CVX 1 still producing?
- CVX 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CVX 1 is August 2026.
- How much has CVX 1 produced?
- CVX 1 has reported 614,075 barrels of oil (bbl) to the Railroad Commission of Texas between September 2008 and August 2026, from 22 wellbores.
- How much is CVX 1 worth?
- The remaining production from CVX 1 is estimated to be worth about $380K in total as of 26 August 2026, within a range of $296K to $463K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CVX 1 is a fraction of it. The estimate fits an Arps decline curve to the production CVX 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CVX 1 is an estimate of value, not an offer and not an appraisal.
- How much income does CVX 1 generate in a year?
- CVX 1 is forecast to net about $221K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CVX 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sandridge Expl. And Prod., LLC |
|---|---|
| Field | Goldsmith (Clear Fork) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 39030 |
| Wellbores | 22 |
| Reported production | 614,075 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $380K |
Where CVX 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.