CHILI
CHILI is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Discovery Natural Resources LLC. It has 19 wellbores on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 2,254,491 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 $135.6M, with roughly $41.9M 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 80,133 barrels a month, about 4,218 per wellbore. Its strongest month on the record we hold was September 2024, at 243,007 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CHILI
- Who operates CHILI?
- CHILI is operated by Discovery Natural Resources LLC, Railroad Commission of Texas operator number 220855.
- Where is CHILI?
- CHILI is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22257.
- Is CHILI still producing?
- CHILI is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHILI is August 2026.
- How much has CHILI produced?
- CHILI has reported 2,254,491 barrels of oil (bbl) to the Railroad Commission of Texas between January 2023 and August 2026, from 19 wellbores.
- How much is CHILI worth?
- The remaining production from CHILI is estimated to be worth about $135.6M in total as of 27 August 2026, within a range of $111.2M to $160.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHILI is a fraction of it. The estimate fits an Arps decline curve to the production CHILI has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHILI is an estimate of value, not an offer and not an appraisal.
- How much income does CHILI generate in a year?
- CHILI is forecast to net about $41.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHILI receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Discovery Natural Resources LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22257 |
| Wellbores | 19 |
| Reported production | 2,254,491 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $135.6M |
Where CHILI 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.