BELL, CODY "54"
BELL, CODY "54" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 1994 to August 2026, totalling 442,061 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 $974K, with roughly $187K 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 269 barrels a month. Its strongest month on the record we hold was May 2022, at 1,092 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 BELL, CODY "54"
- Who operates BELL, CODY "54"?
- BELL, CODY "54" is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is BELL, CODY "54"?
- BELL, CODY "54" is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 13666.
- Is BELL, CODY "54" still producing?
- BELL, CODY "54" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BELL, CODY "54" is August 2026.
- How much has BELL, CODY "54" produced?
- BELL, CODY "54" has reported 442,061 barrels of oil (bbl) to the Railroad Commission of Texas between June 1994 and August 2026, from 1 wellbore.
- How much is BELL, CODY "54" worth?
- The remaining production from BELL, CODY "54" is estimated to be worth about $974K in total as of 27 August 2026, within a range of $760K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BELL, CODY "54" is a fraction of it. The estimate fits an Arps decline curve to the production BELL, CODY "54" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BELL, CODY "54" is an estimate of value, not an offer and not an appraisal.
- How much income does BELL, CODY "54" generate in a year?
- BELL, CODY "54" is forecast to net about $187K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BELL, CODY "54" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Triumph (Wolfcamp) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 13666 |
| Wellbores | 1 |
| Reported production | 442,061 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $974K |
Where BELL, CODY "54" 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.