CWEI-CHK 298-13
CWEI-CHK 298-13 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Williams, Clayton Energy, Inc. It has 3 wellbores on file with the Commission. Reported production runs from June 2012 to August 2026, totalling 79,516 barrels. The lease is intermittent. 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 $138K, with roughly $26K 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 32 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was December 2020, at 1,003 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 298-13
- Who operates CWEI-CHK 298-13?
- CWEI-CHK 298-13 is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
- Where is CWEI-CHK 298-13?
- CWEI-CHK 298-13 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43354.
- Is CWEI-CHK 298-13 still producing?
- CWEI-CHK 298-13 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CWEI-CHK 298-13 is August 2026.
- How much has CWEI-CHK 298-13 produced?
- CWEI-CHK 298-13 has reported 79,516 barrels of oil (bbl) to the Railroad Commission of Texas between June 2012 and August 2026, from 3 wellbores.
- How much is CWEI-CHK 298-13 worth?
- The remaining production from CWEI-CHK 298-13 is estimated to be worth about $138K in total as of 27 August 2026, within a range of $76K to $200K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CWEI-CHK 298-13 is a fraction of it. The estimate fits an Arps decline curve to the production CWEI-CHK 298-13 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 298-13 is an estimate of value, not an offer and not an appraisal.
- How much income does CWEI-CHK 298-13 generate in a year?
- CWEI-CHK 298-13 is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CWEI-CHK 298-13 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 | 43354 |
| Wellbores | 3 |
| Reported production | 79,516 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $138K |
Where CWEI-CHK 298-13 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.