CHEVY LOWE RIDER 56-T2-17X20
CHEVY LOWE RIDER 56-T2-17X20 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by BPX Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 2,261,012 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 $5.2M, with roughly $1.6M 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 16,403 thousand cubic feet a month. Its strongest month on the record we hold was September 2019, at 95,282 thousand cubic feet. 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 CHEVY LOWE RIDER 56-T2-17X20
- Who operates CHEVY LOWE RIDER 56-T2-17X20?
- CHEVY LOWE RIDER 56-T2-17X20 is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is CHEVY LOWE RIDER 56-T2-17X20?
- CHEVY LOWE RIDER 56-T2-17X20 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 288922.
- Is CHEVY LOWE RIDER 56-T2-17X20 still producing?
- CHEVY LOWE RIDER 56-T2-17X20 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEVY LOWE RIDER 56-T2-17X20 is August 2026.
- How much has CHEVY LOWE RIDER 56-T2-17X20 produced?
- CHEVY LOWE RIDER 56-T2-17X20 has reported 2,261,012 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
- How much is CHEVY LOWE RIDER 56-T2-17X20 worth?
- The remaining production from CHEVY LOWE RIDER 56-T2-17X20 is estimated to be worth about $5.2M in total as of 27 August 2026, within a range of $4.2M to $6.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEVY LOWE RIDER 56-T2-17X20 is a fraction of it. The estimate fits an Arps decline curve to the production CHEVY LOWE RIDER 56-T2-17X20 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEVY LOWE RIDER 56-T2-17X20 is an estimate of value, not an offer and not an appraisal.
- How much income does CHEVY LOWE RIDER 56-T2-17X20 generate in a year?
- CHEVY LOWE RIDER 56-T2-17X20 is forecast to net about $1.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHEVY LOWE RIDER 56-T2-17X20 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BPX Operating Company |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 288922 |
| Wellbores | 1 |
| Reported production | 2,261,012 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.2M |
Where CHEVY LOWE RIDER 56-T2-17X20 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.