CMC TIGER UNIT
CMC TIGER UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 4 wellbores on file with the Commission. Reported production runs from May 2020 to August 2026, totalling 2,151,752 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 $28.0M, with roughly $7.6M 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 11,754 barrels a month, about 2,938 per wellbore. Its strongest month on the record we hold was November 2020, at 132,491 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CMC TIGER UNIT
- Who operates CMC TIGER UNIT?
- CMC TIGER UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is CMC TIGER UNIT?
- CMC TIGER UNIT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54500.
- Is CMC TIGER UNIT still producing?
- CMC TIGER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CMC TIGER UNIT is August 2026.
- How much has CMC TIGER UNIT produced?
- CMC TIGER UNIT has reported 2,151,752 barrels of oil (bbl) to the Railroad Commission of Texas between May 2020 and August 2026, from 4 wellbores.
- How much is CMC TIGER UNIT worth?
- The remaining production from CMC TIGER UNIT is estimated to be worth about $28.0M in total as of 26 August 2026, within a range of $23.0M to $33.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CMC TIGER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CMC TIGER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CMC TIGER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CMC TIGER UNIT generate in a year?
- CMC TIGER UNIT is forecast to net about $7.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CMC TIGER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 54500 |
| Wellbores | 4 |
| Reported production | 2,151,752 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $28.0M |
Where CMC TIGER UNIT 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.