CVX KATIE (SA) X
CVX KATIE (SA) X is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by SM Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2020 to August 2026, totalling 304,395 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 $8.1M, with roughly $1.8M 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 2,430 barrels a month. Its strongest month on the record we hold was January 2021, at 31,752 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CVX KATIE (SA) X
- Who operates CVX KATIE (SA) X?
- CVX KATIE (SA) X is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is CVX KATIE (SA) X?
- CVX KATIE (SA) X is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21195.
- Is CVX KATIE (SA) X still producing?
- CVX KATIE (SA) X is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CVX KATIE (SA) X is August 2026.
- How much has CVX KATIE (SA) X produced?
- CVX KATIE (SA) X has reported 304,395 barrels of oil (bbl) to the Railroad Commission of Texas between December 2020 and August 2026, from 1 wellbore.
- How much is CVX KATIE (SA) X worth?
- The remaining production from CVX KATIE (SA) X is estimated to be worth about $8.1M in total as of 27 August 2026, within a range of $6.7M to $9.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CVX KATIE (SA) X is a fraction of it. The estimate fits an Arps decline curve to the production CVX KATIE (SA) X has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CVX KATIE (SA) X is an estimate of value, not an offer and not an appraisal.
- How much income does CVX KATIE (SA) X generate in a year?
- CVX KATIE (SA) X is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CVX KATIE (SA) X receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21195 |
| Wellbores | 1 |
| Reported production | 304,395 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.1M |
Where CVX KATIE (SA) X 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.