CHEATHAM HEIRS
CHEATHAM HEIRS is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by L.C.S. Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 78,438 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 $16K, with roughly $3K 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 3 barrels a month. Its strongest month on the record we hold was June 2016, at 179 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 CHEATHAM HEIRS
- Who operates CHEATHAM HEIRS?
- CHEATHAM HEIRS is operated by L.C.S. Production Company, Railroad Commission of Texas operator number 479574.
- Where is CHEATHAM HEIRS?
- CHEATHAM HEIRS is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 26636.
- Is CHEATHAM HEIRS still producing?
- CHEATHAM HEIRS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CHEATHAM HEIRS is August 2026.
- How much has CHEATHAM HEIRS produced?
- CHEATHAM HEIRS has reported 78,438 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CHEATHAM HEIRS worth?
- The remaining production from CHEATHAM HEIRS is estimated to be worth about $16K in total as of 26 August 2026, within a range of $0 to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEATHAM HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production CHEATHAM HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEATHAM HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does CHEATHAM HEIRS generate in a year?
- CHEATHAM HEIRS is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHEATHAM HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | L.C.S. Production Company |
|---|---|
| Field | Cheatham (Cook, Upper) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 26636 |
| Wellbores | 1 |
| Reported production | 78,438 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where CHEATHAM HEIRS 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.