CORVETTE A
CORVETTE A is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Abraxas Petroleum Corporation. It has 6 wellbores on file with the Commission. Reported production runs from June 2013 to August 2026, totalling 707,604 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 $393K, with roughly $194K 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 393 barrels a month, about 66 per wellbore. Its strongest month on the record we hold was May 2016, at 9,493 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 CORVETTE A
- Who operates CORVETTE A?
- CORVETTE A is operated by Abraxas Petroleum Corporation, Railroad Commission of Texas operator number 003125.
- Where is CORVETTE A?
- CORVETTE A is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17018.
- Is CORVETTE A still producing?
- CORVETTE A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORVETTE A is August 2026.
- How much has CORVETTE A produced?
- CORVETTE A has reported 707,604 barrels of oil (bbl) to the Railroad Commission of Texas between June 2013 and August 2026, from 6 wellbores.
- How much is CORVETTE A worth?
- The remaining production from CORVETTE A is estimated to be worth about $393K in total as of 27 August 2026, within a range of $306K to $479K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORVETTE A is a fraction of it. The estimate fits an Arps decline curve to the production CORVETTE A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORVETTE A is an estimate of value, not an offer and not an appraisal.
- How much income does CORVETTE A generate in a year?
- CORVETTE A is forecast to net about $194K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CORVETTE A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Abraxas Petroleum Corporation |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 17018 |
| Wellbores | 6 |
| Reported production | 707,604 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $393K |
Where CORVETTE A 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.