CHEVRON MINERALS 13
CHEVRON MINERALS 13 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 5 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 441,458 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 $597K 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 890 barrels a month, about 178 per wellbore. Its strongest month on the record we hold was October 2017, at 23,789 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 CHEVRON MINERALS 13
- Who operates CHEVRON MINERALS 13?
- CHEVRON MINERALS 13 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is CHEVRON MINERALS 13?
- CHEVRON MINERALS 13 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42175.
- Is CHEVRON MINERALS 13 still producing?
- CHEVRON MINERALS 13 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEVRON MINERALS 13 is August 2026.
- How much has CHEVRON MINERALS 13 produced?
- CHEVRON MINERALS 13 has reported 441,458 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 5 wellbores.
- How much is CHEVRON MINERALS 13 worth?
- The remaining production from CHEVRON MINERALS 13 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 CHEVRON MINERALS 13 is a fraction of it. The estimate fits an Arps decline curve to the production CHEVRON MINERALS 13 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEVRON MINERALS 13 is an estimate of value, not an offer and not an appraisal.
- How much income does CHEVRON MINERALS 13 generate in a year?
- CHEVRON MINERALS 13 is forecast to net about $597K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHEVRON MINERALS 13 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 42175 |
| Wellbores | 5 |
| Reported production | 441,458 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where CHEVRON MINERALS 13 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.