TEXACO FEE
TEXACO FEE is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Chisholm Exploration. It has 13 wellbores on file with the Commission. Reported production runs from September 1998 to August 2026, totalling 1,589,597 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 $423K, with roughly $81K 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 194 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was March 2017, at 1,083 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 FEE
- Who operates TEXACO FEE?
- TEXACO FEE is operated by Chisholm Exploration, Railroad Commission of Texas operator number 149451.
- Where is TEXACO FEE?
- TEXACO FEE is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 28534.
- Is TEXACO FEE still producing?
- TEXACO FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO FEE is August 2026.
- How much has TEXACO FEE produced?
- TEXACO FEE has reported 1,589,597 barrels of oil (bbl) to the Railroad Commission of Texas between September 1998 and August 2026, from 13 wellbores.
- How much is TEXACO FEE worth?
- The remaining production from TEXACO FEE is estimated to be worth about $423K in total as of 26 August 2026, within a range of $330K to $516K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO FEE is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO FEE is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO FEE generate in a year?
- TEXACO FEE is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXACO FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chisholm Exploration |
|---|---|
| Field | Mulberry Canyon (Cisco) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 28534 |
| Wellbores | 13 |
| Reported production | 1,589,597 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $423K |
Where TEXACO FEE 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.