CHAMBERS
CHAMBERS is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 4,866 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 $100K, with roughly $17K 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 18 barrels a month. Its strongest month on the record we hold was July 2018, at 311 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 CHAMBERS
- Who operates CHAMBERS?
- CHAMBERS is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is CHAMBERS?
- CHAMBERS is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15550.
- Is CHAMBERS still producing?
- CHAMBERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHAMBERS is August 2026.
- How much has CHAMBERS produced?
- CHAMBERS has reported 4,866 barrels of oil (bbl) to the Railroad Commission of Texas between May 2017 and August 2026, from 1 wellbore.
- How much is CHAMBERS worth?
- The remaining production from CHAMBERS is estimated to be worth about $100K in total as of 26 August 2026, within a range of $55K to $145K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHAMBERS is a fraction of it. The estimate fits an Arps decline curve to the production CHAMBERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHAMBERS is an estimate of value, not an offer and not an appraisal.
- How much income does CHAMBERS generate in a year?
- CHAMBERS is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHAMBERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Valence Operating Company |
|---|---|
| Field | Girlie Caldwell (Goodland LM) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 15550 |
| Wellbores | 1 |
| Reported production | 4,866 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $100K |
Where CHAMBERS 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.