MAY WEST UNIT
MAY WEST UNIT is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 9,235 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 $283K, with roughly $55K 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 59 barrels a month. Its strongest month on the record we hold was October 2024, at 112 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 MAY WEST UNIT
- Who operates MAY WEST UNIT?
- MAY WEST UNIT is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is MAY WEST UNIT?
- MAY WEST UNIT is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31434.
- Is MAY WEST UNIT still producing?
- MAY WEST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAY WEST UNIT is August 2026.
- How much has MAY WEST UNIT produced?
- MAY WEST UNIT has reported 9,235 barrels of oil (bbl) to the Railroad Commission of Texas between January 2014 and August 2026, from 1 wellbore.
- How much is MAY WEST UNIT worth?
- The remaining production from MAY WEST UNIT is estimated to be worth about $283K in total as of 26 August 2026, within a range of $156K to $411K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAY WEST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MAY WEST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAY WEST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MAY WEST UNIT generate in a year?
- MAY WEST UNIT is forecast to net about $55K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAY WEST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Sweetwater (Canyon Sand) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 31434 |
| Wellbores | 1 |
| Reported production | 9,235 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $283K |
Where MAY WEST 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.