CALIFORNIA CHROME UNIT
CALIFORNIA CHROME UNIT is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Luxe Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2018 to August 2026, totalling 5,580,374 thousand cubic feet. 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 $7.8M, with roughly $1.9M 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 28,484 thousand cubic feet a month. Its strongest month on the record we hold was April 2021, at 473,460 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CALIFORNIA CHROME UNIT
- Who operates CALIFORNIA CHROME UNIT?
- CALIFORNIA CHROME UNIT is operated by Luxe Operating LLC, Railroad Commission of Texas operator number 511772.
- Where is CALIFORNIA CHROME UNIT?
- CALIFORNIA CHROME UNIT is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 287093.
- Is CALIFORNIA CHROME UNIT still producing?
- CALIFORNIA CHROME UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CALIFORNIA CHROME UNIT is August 2026.
- How much has CALIFORNIA CHROME UNIT produced?
- CALIFORNIA CHROME UNIT has reported 5,580,374 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2018 and August 2026, from 1 wellbore.
- How much is CALIFORNIA CHROME UNIT worth?
- The remaining production from CALIFORNIA CHROME UNIT is estimated to be worth about $7.8M in total as of 26 August 2026, within a range of $6.4M to $9.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CALIFORNIA CHROME UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CALIFORNIA CHROME UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CALIFORNIA CHROME UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CALIFORNIA CHROME UNIT generate in a year?
- CALIFORNIA CHROME UNIT is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CALIFORNIA CHROME UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Luxe Operating LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 287093 |
| Wellbores | 1 |
| Reported production | 5,580,374 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.8M |
Where CALIFORNIA CHROME 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.