CWEI-CHK 189-1
CWEI-CHK 189-1 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Williams, Clayton Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 124,398 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 $1.3M, with roughly $300K 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 396 barrels a month. Its strongest month on the record we hold was December 2019, at 1,537 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 CWEI-CHK 189-1
- Who operates CWEI-CHK 189-1?
- CWEI-CHK 189-1 is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
- Where is CWEI-CHK 189-1?
- CWEI-CHK 189-1 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43270.
- Is CWEI-CHK 189-1 still producing?
- CWEI-CHK 189-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CWEI-CHK 189-1 is August 2026.
- How much has CWEI-CHK 189-1 produced?
- CWEI-CHK 189-1 has reported 124,398 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 1 wellbore.
- How much is CWEI-CHK 189-1 worth?
- The remaining production from CWEI-CHK 189-1 is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.1M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CWEI-CHK 189-1 is a fraction of it. The estimate fits an Arps decline curve to the production CWEI-CHK 189-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CWEI-CHK 189-1 is an estimate of value, not an offer and not an appraisal.
- How much income does CWEI-CHK 189-1 generate in a year?
- CWEI-CHK 189-1 is forecast to net about $300K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CWEI-CHK 189-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams, Clayton Energy, Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 43270 |
| Wellbores | 1 |
| Reported production | 124,398 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where CWEI-CHK 189-1 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.