CHEVRON UNIVERSITY "37"
CHEVRON UNIVERSITY "37" is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 3 wellbores on file with the Commission. Reported production runs from July 1996 to August 2026, totalling 113,578 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 $140K, with roughly $27K 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 53 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was August 2023, at 315 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CHEVRON UNIVERSITY "37"
- Who operates CHEVRON UNIVERSITY "37"?
- CHEVRON UNIVERSITY "37" is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is CHEVRON UNIVERSITY "37"?
- CHEVRON UNIVERSITY "37" is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 35046.
- Is CHEVRON UNIVERSITY "37" still producing?
- CHEVRON UNIVERSITY "37" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEVRON UNIVERSITY "37" is August 2026.
- How much has CHEVRON UNIVERSITY "37" produced?
- CHEVRON UNIVERSITY "37" has reported 113,578 barrels of oil (bbl) to the Railroad Commission of Texas between July 1996 and August 2026, from 3 wellbores.
- How much is CHEVRON UNIVERSITY "37" worth?
- The remaining production from CHEVRON UNIVERSITY "37" is estimated to be worth about $140K in total as of 27 August 2026, within a range of $77K to $203K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEVRON UNIVERSITY "37" is a fraction of it. The estimate fits an Arps decline curve to the production CHEVRON UNIVERSITY "37" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEVRON UNIVERSITY "37" is an estimate of value, not an offer and not an appraisal.
- How much income does CHEVRON UNIVERSITY "37" generate in a year?
- CHEVRON UNIVERSITY "37" is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHEVRON UNIVERSITY "37" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | War-Wink (Cherry Canyon) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 35046 |
| Wellbores | 3 |
| Reported production | 113,578 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $140K |
Where CHEVRON UNIVERSITY "37" 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.