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Texas oil lease

Producing

CMC CANDLESTICK UNIT

CMC Candlestick Unit is an oil lease in Midland County, Texas, operated by Chevron U. S. A. Inc. in the Spraberry (Trend Area) field.

2 wells

195,735bbl oil, last 12 months−20% vs prior year
RRC lease
08-57202

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
768,355 mcf
Oil in Jul 2026
16,629 bbl

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for CMC CANDLESTICK UNIT, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 195,735 bbl in the 12 months through Jul 2026, against 245,321 bbl in the 12 months before.Last 12 months: 195,735 bblbbl per monthmcf per month0010k100k20k200k30k300k40k400kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for CMC CANDLESTICK UNIT, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 195,735 bbl in the 12 months through Jul 2026, against 245,321 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k100k20k200k30k300k40k400kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Transmission line (2)
  • Other (5 to 8)
  • Flared (4)
94% of the gas went to a processing plant in the last 12 monthsShare of CMC CANDLESTICK UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a processing plant in the last 12 monthsShare of CMC CANDLESTICK UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 721,080 mcf

  • Other (5 to 8)

    5.5% · 42,414 mcf

  • Transmission line (2)

    0.4% · 3,430 mcf

  • Flared (4)

    0.2% · 1,431 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

2 wells on this lease

Wells on CMC CANDLESTICK UNIT
API numberWell no.Status
42-329-438810091WBActive
42-329-452570090WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers20Aug 1, 2025–
Enterprise Crude Oil LLCOilGathers20Aug 1, 2025–
Enterprise Crude Pipeline LLCOilGathers20Aug 1, 2025–
Ngl Crude Assets and Mktg, LLCOilGathers20Aug 1, 2025–
Plains Pipeline L.p.OilGathers20Aug 1, 2025–
Chevron U. S. A. Inc.Casinghead gasBuys50Aug 1, 2025–
Energy Transfer CompanyCasinghead gasBuys50Aug 1, 2025–
Chevron U. S. A. Inc.Casinghead gasGathers50Aug 1, 2025–
Energy Transfer CompanyCasinghead gasGathers50Aug 1, 2025–
Chevron U. S. A. Inc.Casinghead gasGathers100Jan 1, 2025Aug 1, 2025
Chevron U. S. A. Inc.Casinghead gasBuys100Jan 1, 2025Aug 1, 2025
Enterprise Crude Oil LLCOilGathers25Mar 15, 2022Aug 1, 2025
Enterprise Crude Pipeline LLCOilGathers25Jan 1, 2025Aug 1, 2025
Ngl Crude Logistics, LLCOilGathers25Jan 1, 2025Aug 1, 2025
Plains Pipeline L.p.OilGathers25Mar 15, 2022Aug 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

656.93 acres on the newest permit

An allocation well is on this lease

Permits for CMC Candlestick Unit
API numberWell no.Acreson the permit
42-329-452570090WA656.93
42-329-438860096WA656.93
42-329-438830093WB656.93
42-329-438840094WA656.93
42-329-438850095WB656.93
42-329-438810091WB656.93

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Chevron Corporation told investors it received

Chevron U. S. A. Inc. is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for CMC CANDLESTICK UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202616,62916,62374,07966,826155$80.46$2.89
Jun 202615,39315,38772,18664,67680$84.81$3.15
May 202618,27718,26961,83657,315123$102.13$2.94
Apr 202618,36218,36547,00339,68312$100.32$2.77
Mar 202618,13818,13340,11936,44238$91.38$3.04
Feb 202619,72719,77650,17545,26358$64.51$3.62
Jan 202619,57219,49355,40751,184293$60.04$7.72
Dec 202518,79518,77243,16840,769107$57.97$4.26
Nov 202514,53514,54732,70231,630141$60.06$3.79
Oct 202510,43210,39952,07851,271273$60.89$3.19
Sep 202510,95611,01176,14876,12919$63.96$2.97
Aug 202514,91914,948163,454163,322132$64.86$2.91
Jul 202520,57820,521218,423218,248175$68.39$3.20
Jun 202517,87817,940186,927186,813114$68.17$3.02
May 202518,57218,603198,549198,368181$62.17$3.12
Apr 202517,83717,811181,676181,295381$63.54$3.42
Mar 202520,25820,210150,798150,71583$68.24$4.12
Feb 202517,49217,502107,311107,25358$71.53$4.19
Jan 202519,86119,871125,102124,960142$75.74$4.13
Dec 202420,56020,550121,503121,184319$70.12$3.01
Nov 202418,79618,782128,711125,90391$69.95$2.12
Oct 202423,70223,716154,198154,15642$71.99$2.20
Sep 202424,67024,707192,276192,173103$70.24$2.28
Aug 202425,11725,077205,854205,45979$76.68$1.99
Jul 202425,97326,038258,148252,713306$81.80$2.07
Jun 202426,72026,647224,646217,912113$79.77$2.54
May 202428,08628,120219,310212,279320$80.02$2.12
Apr 202427,85027,857190,967186,628138$85.35$1.60
Mar 202429,28529,269208,366203,751107$81.28$1.49
Feb 202430,05030,039211,698208,812582$77.25$1.72
Jan 202432,92432,919254,845247,5721,998$74.15$3.18
Dec 202332,02132,078195,501190,064922$71.90$2.52
Nov 202334,60534,568131,872128,171690$77.69$2.71
Oct 202331,42431,469121,205116,609681$85.64$2.98
Sep 202331,02630,99098,14494,160263$89.43$2.64
Aug 202328,12228,14199,68295,754301$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Chevron U. S. A. Inc. in Midland County

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Spraberry (Trend Area) field

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