WEST CHICO UNIT
WEST CHICO UNIT is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Oxy USA Inc. It has 19 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 165,440 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 $390K, with roughly $53K 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 9 barrels a month. Its strongest month on the record we hold was May 2019, at 267 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 WEST CHICO UNIT
- Who operates WEST CHICO UNIT?
- WEST CHICO UNIT is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is WEST CHICO UNIT?
- WEST CHICO UNIT is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 10334.
- Is WEST CHICO UNIT still producing?
- WEST CHICO UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEST CHICO UNIT is August 2026.
- How much has WEST CHICO UNIT produced?
- WEST CHICO UNIT has reported 165,440 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 19 wellbores.
- How much is WEST CHICO UNIT worth?
- The remaining production from WEST CHICO UNIT is estimated to be worth about $390K in total as of 27 August 2026, within a range of $0 to $780K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEST CHICO UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WEST CHICO UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEST CHICO UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WEST CHICO UNIT generate in a year?
- WEST CHICO UNIT is forecast to net about $53K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WEST CHICO UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Chico, West (Caddo Congl. Upper) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 10334 |
| Wellbores | 19 |
| Reported production | 165,440 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $390K |
Where WEST CHICO 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.