CHEVRON
CHEVRON is a Texas gas lease in Sterling County, Railroad Commission district 08, operated by Trek Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 40,821 thousand cubic feet. 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 $39K, with roughly $5K 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 184 thousand cubic feet a month. Its strongest month on the record we hold was June 2022, at 987 thousand cubic feet. 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 CHEVRON
- Who operates CHEVRON?
- CHEVRON is operated by Trek Resources, Inc., Railroad Commission of Texas operator number 867578.
- Where is CHEVRON?
- CHEVRON is a Texas gas lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 279564.
- Is CHEVRON still producing?
- CHEVRON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEVRON is August 2026.
- How much has CHEVRON produced?
- CHEVRON has reported 40,821 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
- How much is CHEVRON worth?
- The remaining production from CHEVRON is estimated to be worth about $39K in total as of 26 August 2026, within a range of $30K to $47K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEVRON is a fraction of it. The estimate fits an Arps decline curve to the production CHEVRON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEVRON is an estimate of value, not an offer and not an appraisal.
- How much income does CHEVRON generate in a year?
- CHEVRON is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHEVRON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Trek Resources, Inc. |
|---|---|
| Field | Conger (Penn) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 279564 |
| Wellbores | 1 |
| Reported production | 40,821 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where CHEVRON 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.