CVX 21
CVX 21 is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Sandridge Expl. And Prod., LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 28,625 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 $555K, with roughly $106K 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 130 barrels a month. Its strongest month on the record we hold was January 2023, at 187 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 21
- Who operates CVX 21?
- CVX 21 is operated by Sandridge Expl. And Prod., LLC, Railroad Commission of Texas operator number 748011.
- Where is CVX 21?
- CVX 21 is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41693.
- Is CVX 21 still producing?
- CVX 21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CVX 21 is August 2026.
- How much has CVX 21 produced?
- CVX 21 has reported 28,625 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 1 wellbore.
- How much is CVX 21 worth?
- The remaining production from CVX 21 is estimated to be worth about $555K in total as of 26 August 2026, within a range of $433K to $677K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CVX 21 is a fraction of it. The estimate fits an Arps decline curve to the production CVX 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CVX 21 is an estimate of value, not an offer and not an appraisal.
- How much income does CVX 21 generate in a year?
- CVX 21 is forecast to net about $106K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CVX 21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sandridge Expl. And Prod., LLC |
|---|---|
| Field | Monahans Draw (Canyon 8388) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 41693 |
| Wellbores | 1 |
| Reported production | 28,625 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $555K |
Where CVX 21 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.