TEXACO CUSTERS
TEXACO CUSTERS is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Cholla Petroleum, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 94,442 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 $489K, with roughly $94K 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 127 barrels a month, about 42 per wellbore. Its strongest month on the record we hold was March 2017, at 1,272 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 TEXACO CUSTERS
- Who operates TEXACO CUSTERS?
- TEXACO CUSTERS is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is TEXACO CUSTERS?
- TEXACO CUSTERS is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 21075.
- Is TEXACO CUSTERS still producing?
- TEXACO CUSTERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO CUSTERS is August 2026.
- How much has TEXACO CUSTERS produced?
- TEXACO CUSTERS has reported 94,442 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is TEXACO CUSTERS worth?
- The remaining production from TEXACO CUSTERS is estimated to be worth about $489K in total as of 26 August 2026, within a range of $381K to $596K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO CUSTERS is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO CUSTERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO CUSTERS is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO CUSTERS generate in a year?
- TEXACO CUSTERS is forecast to net about $94K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXACO CUSTERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Bowers (Granite Wash) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 21075 |
| Wellbores | 3 |
| Reported production | 94,442 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $489K |
Where TEXACO CUSTERS 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.