CHEVRON 47
CHEVRON 47 is a Texas gas lease in Pecos County, Railroad Commission district 08, operated by Primexx Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 1,158,262 thousand cubic feet. 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 $336K, with roughly $54K 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 2,016 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 10,842 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CHEVRON 47
- Who operates CHEVRON 47?
- CHEVRON 47 is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is CHEVRON 47?
- CHEVRON 47 is a Texas gas lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 242657.
- Is CHEVRON 47 still producing?
- CHEVRON 47 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEVRON 47 is August 2026.
- How much has CHEVRON 47 produced?
- CHEVRON 47 has reported 1,158,262 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is CHEVRON 47 worth?
- The remaining production from CHEVRON 47 is estimated to be worth about $336K in total as of 26 August 2026, within a range of $279K to $393K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEVRON 47 is a fraction of it. The estimate fits an Arps decline curve to the production CHEVRON 47 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEVRON 47 is an estimate of value, not an offer and not an appraisal.
- How much income does CHEVRON 47 generate in a year?
- CHEVRON 47 is forecast to net about $54K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHEVRON 47 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Maralo (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 242657 |
| Wellbores | 1 |
| Reported production | 1,158,262 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $336K |
Where CHEVRON 47 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.