CVX
CVX is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Henry Petroleum LP. It has 19 wellbores on file with the Commission. Reported production runs from June 2005 to August 2026, totalling 1,308,028 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 $3.6M, with roughly $759K 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 672 barrels a month, about 35 per wellbore. Its strongest month on the record we hold was May 2016, at 8,541 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 CVX
- Who operates CVX?
- CVX is operated by Henry Petroleum LP, Railroad Commission of Texas operator number 378642.
- Where is CVX?
- CVX is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15761.
- Is CVX still producing?
- CVX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CVX is August 2026.
- How much has CVX produced?
- CVX has reported 1,308,028 barrels of oil (bbl) to the Railroad Commission of Texas between June 2005 and August 2026, from 19 wellbores.
- How much is CVX worth?
- The remaining production from CVX is estimated to be worth about $3.6M in total as of 26 August 2026, within a range of $2.8M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CVX is a fraction of it. The estimate fits an Arps decline curve to the production CVX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CVX is an estimate of value, not an offer and not an appraisal.
- How much income does CVX generate in a year?
- CVX is forecast to net about $759K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CVX receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Henry Petroleum LP |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 15761 |
| Wellbores | 19 |
| Reported production | 1,308,028 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.6M |
Where CVX 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.