SMITH, CHESTER
SMITH, CHESTER is a Texas oil lease in Stonewall County, Railroad Commission district 7B, operated by Nosivad Oil, Inc. It has 2 wellbores on file with the Commission. Reported production runs from February 1995 to August 2026, totalling 81,336 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 $261K, with roughly $50K 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 103 barrels a month, about 51 per wellbore. Its strongest month on the record we hold was November 2018, at 440 barrels. 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 SMITH, CHESTER
- Who operates SMITH, CHESTER?
- SMITH, CHESTER is operated by Nosivad Oil, Inc., Railroad Commission of Texas operator number 615225.
- Where is SMITH, CHESTER?
- SMITH, CHESTER is a Texas oil lease in Stonewall County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 27557.
- Is SMITH, CHESTER still producing?
- SMITH, CHESTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, CHESTER is August 2026.
- How much has SMITH, CHESTER produced?
- SMITH, CHESTER has reported 81,336 barrels of oil (bbl) to the Railroad Commission of Texas between February 1995 and August 2026, from 2 wellbores.
- How much is SMITH, CHESTER worth?
- The remaining production from SMITH, CHESTER is estimated to be worth about $261K in total as of 26 August 2026, within a range of $204K to $319K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, CHESTER is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, CHESTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, CHESTER is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, CHESTER generate in a year?
- SMITH, CHESTER is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, CHESTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nosivad Oil, Inc. |
|---|---|
| Field | Bob Cat Canyon (Tannehill) |
| County | Stonewall County, Texas |
| RRC district | 7B |
| Lease number | 27557 |
| Wellbores | 2 |
| Reported production | 81,336 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $261K |
Where SMITH, CHESTER 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.