FRANCO DEVONIAN UNIT
FRANCO DEVONIAN UNIT is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Chevron U. S. A. Inc. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 402,584 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 $932K, with roughly $335K 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 310 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was January 2017, at 1,206 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 FRANCO DEVONIAN UNIT
- Who operates FRANCO DEVONIAN UNIT?
- FRANCO DEVONIAN UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is FRANCO DEVONIAN UNIT?
- FRANCO DEVONIAN UNIT is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 10890.
- Is FRANCO DEVONIAN UNIT still producing?
- FRANCO DEVONIAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANCO DEVONIAN UNIT is August 2026.
- How much has FRANCO DEVONIAN UNIT produced?
- FRANCO DEVONIAN UNIT has reported 402,584 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is FRANCO DEVONIAN UNIT worth?
- The remaining production from FRANCO DEVONIAN UNIT is estimated to be worth about $932K in total as of 26 August 2026, within a range of $727K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANCO DEVONIAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FRANCO DEVONIAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANCO DEVONIAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FRANCO DEVONIAN UNIT generate in a year?
- FRANCO DEVONIAN UNIT is forecast to net about $335K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRANCO DEVONIAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Franco (Devonian) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 10890 |
| Wellbores | 12 |
| Reported production | 402,584 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $932K |
Where FRANCO DEVONIAN UNIT 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.