REV GF STATE T7-50-43
REV GF STATE T7-50-43 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 6 wellbores on file with the Commission. Reported production runs from October 2017 to August 2026, totalling 3,145,313 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 $31.4M, with roughly $8.1M 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 11,524 barrels a month, about 1,921 per wellbore. Its strongest month on the record we hold was September 2019, at 110,492 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 REV GF STATE T7-50-43
- Who operates REV GF STATE T7-50-43?
- REV GF STATE T7-50-43 is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is REV GF STATE T7-50-43?
- REV GF STATE T7-50-43 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49677.
- Is REV GF STATE T7-50-43 still producing?
- REV GF STATE T7-50-43 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REV GF STATE T7-50-43 is August 2026.
- How much has REV GF STATE T7-50-43 produced?
- REV GF STATE T7-50-43 has reported 3,145,313 barrels of oil (bbl) to the Railroad Commission of Texas between October 2017 and August 2026, from 6 wellbores.
- How much is REV GF STATE T7-50-43 worth?
- The remaining production from REV GF STATE T7-50-43 is estimated to be worth about $31.4M in total as of 27 August 2026, within a range of $25.7M to $37.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REV GF STATE T7-50-43 is a fraction of it. The estimate fits an Arps decline curve to the production REV GF STATE T7-50-43 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REV GF STATE T7-50-43 is an estimate of value, not an offer and not an appraisal.
- How much income does REV GF STATE T7-50-43 generate in a year?
- REV GF STATE T7-50-43 is forecast to net about $8.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REV GF STATE T7-50-43 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 49677 |
| Wellbores | 6 |
| Reported production | 3,145,313 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $31.4M |
Where REV GF STATE T7-50-43 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.