CHEW, W. D.
CHEW, W. D. is a Texas oil lease in Marion County, Railroad Commission district 06, operated by Petroleum Production MGMT., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 86,162 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 $207K, with roughly $40K 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 37 barrels a month. Its strongest month on the record we hold was March 2022, at 177 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 CHEW, W. D.
- Who operates CHEW, W. D.?
- CHEW, W. D. is operated by Petroleum Production MGMT., Inc., Railroad Commission of Texas operator number 660694.
- Where is CHEW, W. D.?
- CHEW, W. D. is a Texas oil lease in Marion County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 05256.
- Is CHEW, W. D. still producing?
- CHEW, W. D. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEW, W. D. is August 2026.
- How much has CHEW, W. D. produced?
- CHEW, W. D. has reported 86,162 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CHEW, W. D. worth?
- The remaining production from CHEW, W. D. is estimated to be worth about $207K in total as of 26 August 2026, within a range of $114K to $300K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEW, W. D. is a fraction of it. The estimate fits an Arps decline curve to the production CHEW, W. D. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEW, W. D. is an estimate of value, not an offer and not an appraisal.
- How much income does CHEW, W. D. generate in a year?
- CHEW, W. D. is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHEW, W. D. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petroleum Production MGMT., Inc. |
|---|---|
| Field | Excelsior (Pettit -C-) |
| County | Marion County, Texas |
| RRC district | 06 |
| Lease number | 05256 |
| Wellbores | 1 |
| Reported production | 86,162 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $207K |
Where CHEW, W. D. 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.