COVINGTON, JANIE ET AL "A"
COVINGTON, JANIE ET AL "A" is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Chevron U. S. A. Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 104,841 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 $348K, with roughly $67K 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 84 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was November 2017, at 466 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 COVINGTON, JANIE ET AL "A"
- Who operates COVINGTON, JANIE ET AL "A"?
- COVINGTON, JANIE ET AL "A" is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is COVINGTON, JANIE ET AL "A"?
- COVINGTON, JANIE ET AL "A" is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 61724.
- Is COVINGTON, JANIE ET AL "A" still producing?
- COVINGTON, JANIE ET AL "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COVINGTON, JANIE ET AL "A" is August 2026.
- How much has COVINGTON, JANIE ET AL "A" produced?
- COVINGTON, JANIE ET AL "A" has reported 104,841 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is COVINGTON, JANIE ET AL "A" worth?
- The remaining production from COVINGTON, JANIE ET AL "A" is estimated to be worth about $348K in total as of 26 August 2026, within a range of $191K to $504K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COVINGTON, JANIE ET AL "A" is a fraction of it. The estimate fits an Arps decline curve to the production COVINGTON, JANIE ET AL "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COVINGTON, JANIE ET AL "A" is an estimate of value, not an offer and not an appraisal.
- How much income does COVINGTON, JANIE ET AL "A" generate in a year?
- COVINGTON, JANIE ET AL "A" is forecast to net about $67K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COVINGTON, JANIE ET AL "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Kingdom (Abo Reef) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 61724 |
| Wellbores | 3 |
| Reported production | 104,841 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $348K |
Where COVINGTON, JANIE ET AL "A" 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.