CHEATHAM
CHEATHAM is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 10 wellbores on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 396,363 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 $244K, with roughly $154K 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 389 barrels a month, about 39 per wellbore. Its strongest month on the record we hold was December 2017, at 5,172 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 CHEATHAM
- Who operates CHEATHAM?
- CHEATHAM is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is CHEATHAM?
- CHEATHAM is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38142.
- Is CHEATHAM still producing?
- CHEATHAM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEATHAM is August 2026.
- How much has CHEATHAM produced?
- CHEATHAM has reported 396,363 barrels of oil (bbl) to the Railroad Commission of Texas between February 2007 and August 2026, from 10 wellbores.
- How much is CHEATHAM worth?
- The remaining production from CHEATHAM is estimated to be worth about $244K in total as of 27 August 2026, within a range of $190K to $297K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEATHAM is a fraction of it. The estimate fits an Arps decline curve to the production CHEATHAM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEATHAM is an estimate of value, not an offer and not an appraisal.
- How much income does CHEATHAM generate in a year?
- CHEATHAM is forecast to net about $154K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHEATHAM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 38142 |
| Wellbores | 10 |
| Reported production | 396,363 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $244K |
Where CHEATHAM 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.