TXL REEVES STATE UNIT
TXL REEVES STATE UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 39,877 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 $273K, with roughly $52K 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 28 barrels a month. Its strongest month on the record we hold was March 2022, at 199 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 TXL REEVES STATE UNIT
- Who operates TXL REEVES STATE UNIT?
- TXL REEVES STATE UNIT is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is TXL REEVES STATE UNIT?
- TXL REEVES STATE UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 20027.
- Is TXL REEVES STATE UNIT still producing?
- TXL REEVES STATE UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TXL REEVES STATE UNIT is August 2026.
- How much has TXL REEVES STATE UNIT produced?
- TXL REEVES STATE UNIT has reported 39,877 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TXL REEVES STATE UNIT worth?
- The remaining production from TXL REEVES STATE UNIT is estimated to be worth about $273K in total as of 26 August 2026, within a range of $150K to $396K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL REEVES STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TXL REEVES STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL REEVES STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TXL REEVES STATE UNIT generate in a year?
- TXL REEVES STATE UNIT is forecast to net about $52K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TXL REEVES STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Rojo Caballos, W. (Delaware) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 20027 |
| Wellbores | 1 |
| Reported production | 39,877 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $273K |
Where TXL REEVES STATE UNIT 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.