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Texas oil lease

Producing

CMC PORTERHOUSE B

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

3 wells

528,204bbl oil, last 12 months
Operator
Chevron U. S. A. Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-63047

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
1,222,026 mcf
Oil in Jul 2026
27,980 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: CHEVRON U. S. A. INC. replaced ENERGY TRANSFER COMPANY, TARGA DELAWARE LLC as the buyer of this lease's gas from oil wells on Jun 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 35% since Jun 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 35% since Jun 2025Monthly oil production and gas for CMC PORTERHOUSE B, Jun 2025 to Jul 2026. Oil output fell 35% since Jun 2025. Monthly average of 28,555 bbl in the latest 3 months, against 43,734 bbl in the first 3.bbl per monthmcf per month0020k50k40k100k60k150k80k200kJul 25OctJan 26AprJul
Oil output fell 35% since Jun 2025Monthly oil production and gas for CMC PORTERHOUSE B, Jun 2025 to Jul 2026. Oil output fell 35% since Jun 2025. Monthly average of 28,555 bbl in the latest 3 months, against 43,734 bbl in the first 3.bbl per monthmcf per month0020k50k40k100k60k150k80k200kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 3.5% of the gas in Jul 2025.

  • Transmission line (2)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of CMC PORTERHOUSE B gas by disposition code each month, Jun 2025 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 3.5% of the gas in Jul 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.5%Jul 25OctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of CMC PORTERHOUSE B gas by disposition code each month, Jun 2025 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 3.5% of the gas in Jul 2025.Share of gas by disposition code0%50%100%Flared 3.5%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 1,220,692 mcf

  • Flared (4)

    0.1% · 1,334 mcf

0.1% of the gas flared in the last 12 months. One month above 3%.

3 wells on this lease

Wells on CMC PORTERHOUSE B
API numberWell no.Status
42-329-471851061USActive
42-329-471871062LSActive
42-329-471881063WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jun 1, 2025–
Chevron U. S. A. Inc.Casinghead gasBuys100Jun 1, 2025–
Targa Delaware LLCCasinghead gasGathers100Jun 1, 2025–
Energy Transfer CompanyCasinghead gasGathers50Nov 9, 2024Jun 1, 2025
Targa Delaware LLCCasinghead gasGathers50Nov 9, 2024Jun 1, 2025
Energy Transfer CompanyCasinghead gasBuys50Nov 9, 2024Jun 1, 2025
Targa Delaware LLCCasinghead gasBuys50Nov 9, 2024Jun 1, 2025
Enterprise Crude Oil LLCOilGathers50Nov 9, 2024Jun 1, 2025
Enterprise Crude Pipeline LLCOilGathers50Nov 9, 2024Jun 1, 2025

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

Who buys my oilOil price check

966.94 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 966.94 and 1,289.34 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for CMC Porterhouse B
API numberWell no.Acreson the permit
42-329-471851061US1,289.34
42-329-471871062LS966.94
42-329-471881063WB966.94

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

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

14 months, newest first

Ledger for CMC PORTERHOUSE B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202627,98027,98094,30694,22383$80.46$2.89
Jun 202627,11727,10992,32792,185142$84.81$3.15
May 202630,56930,553105,297105,153144$102.13$2.94
Apr 202622,06022,07674,45174,204247$100.32$2.77
Mar 202636,77136,78180,88880,505383$91.38$3.04
Feb 202629,19229,16679,81779,685132$64.51$3.62
Jan 202642,43942,461145,223145,18043$60.04$7.72
Dec 202547,53747,569107,623107,53390$57.97$4.26
Nov 202555,91355,886127,366127,31551$60.06$3.79
Oct 202558,31558,396112,314112,30311$60.89$3.19
Sep 202575,35575,403118,560118,5528$63.96$2.97
Aug 202574,95675,20083,85483,8540$64.86$2.91
Jul 202550,80251,82255,00053,0651,935$68.39$3.20
Jun 20255,4443,9602772770$68.17$3.02

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorChevron U. S. A. Inc.FieldSpraberry (Trend Area)CountyMidland County

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

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Spraberry (Trend Area) field

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