CHAR 46-9 A
CHAR 46-9 A is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Earthstone Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 263,023 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 $2.7M, with roughly $911K 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 660 barrels a month. Its strongest month on the record we hold was December 2019, at 23,167 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 CHAR 46-9 A
- Who operates CHAR 46-9 A?
- CHAR 46-9 A is operated by Earthstone Operating, LLC, Railroad Commission of Texas operator number 238732.
- Where is CHAR 46-9 A?
- CHAR 46-9 A is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20404.
- Is CHAR 46-9 A still producing?
- CHAR 46-9 A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHAR 46-9 A is August 2026.
- How much has CHAR 46-9 A produced?
- CHAR 46-9 A has reported 263,023 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
- How much is CHAR 46-9 A worth?
- The remaining production from CHAR 46-9 A is estimated to be worth about $2.7M in total as of 27 August 2026, within a range of $2.1M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHAR 46-9 A is a fraction of it. The estimate fits an Arps decline curve to the production CHAR 46-9 A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHAR 46-9 A is an estimate of value, not an offer and not an appraisal.
- How much income does CHAR 46-9 A generate in a year?
- CHAR 46-9 A is forecast to net about $911K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHAR 46-9 A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Earthstone Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20404 |
| Wellbores | 1 |
| Reported production | 263,023 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where CHAR 46-9 A 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.