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Texas oil lease

Producing

REEVES STATE T7-50-30

Reeves State T7-50-30 is an oil lease in Reeves County, Texas, operated by Chevron U. S. A. Inc. in the Wolfbone (Trend Area) field.

9 wells

133,682bbl oil, last 12 months−38% vs prior year
RRC lease
08-49178

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
712,688 mcf
Oil in Jul 2026
5,206 bbl

Production by month

Oil output fell 38% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for REEVES STATE T7-50-30, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 133,682 bbl in the 12 months through Jul 2026, against 213,945 bbl in the 12 months before.Last 12 months: 133,682 bblbbl per monthmcf per month0010k50k20k100k30k150k40k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for REEVES STATE T7-50-30, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 133,682 bbl in the 12 months through Jul 2026, against 213,945 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k50k20k100k30k150k40k200kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2023 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Oct 2023 the lease's gas goes to a transmission line instead of a processing plantShare of REEVES STATE T7-50-30 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2023: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2023 the lease's gas goes to a transmission line instead of a processing plantShare of REEVES STATE T7-50-30 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Oct 23: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    79% · 561,051 mcf

  • Lease fuel (1)

    21% · 150,125 mcf

  • Flared (4)

    0.2% · 1,512 mcf

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

9 wells on this lease

Wells on REEVES STATE T7-50-30
API numberWell no.Status
42-389-353771HActive
42-389-3537811HActive
42-389-353792HActive
42-389-353803HActive
42-389-356234HActive
42-389-356245HActive
42-389-356296HActive
42-389-401771011SBActive
42-389-401781012SBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ngl Crude Assets and Mktg, LLCOilGathers50Aug 1, 2025–
Plains Pipeline L.p.OilGathers50Aug 1, 2025–
Energy Transfer CompanyCasinghead gasBuys50Sep 28, 2017–
Oxy USA Wtp LPCasinghead gasBuys50Sep 28, 2017–
Energy Transfer CompanyCasinghead gasGathers50Sep 28, 2017–
Oxy USA Wtp LPCasinghead gasGathers50Sep 28, 2017–
Energy Transfer CompanyOilGathers30Sep 28, 2017Aug 1, 2025
Ngl Crude Logistics, LLCOilGathers35Sep 28, 2017Aug 1, 2025
Plains Marketing, L.p.OilGathers35Sep 28, 2017Aug 1, 2025

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

1,291.87 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,284.27 and 1,291.87 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    9 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Reeves State T7-50-30
API numberWell no.Acreson the permit
42-389-401771011SB1,291.87
42-389-401781012SB1,291.87
42-389-356296H1,291.87
42-389-356234H1,291.87
42-389-356245H1,291.87
42-389-353771H1,291.87
42-389-3537811H1,284.27
42-389-353792H1,284.27
42-389-353803H1,284.27

SourceRailroad Commission drilling permits, Oct 3, 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 REEVES STATE T7-50-30
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,2065,21952,29942,31662$80.46$2.89
Jun 202610,42710,448139,021106,8090$84.81$3.15
May 202613,22713,283112,61687,71080$102.13$2.94
Apr 202613,23413,2586735252$100.32$2.77
Mar 202615,08714,9832,4091,8812$91.38$3.04
Feb 20268,4268,5154363500$64.51$3.62
Jan 20269,4739,390112,10891,0211,279$60.04$7.72
Dec 202511,49111,474146,790115,26812$57.97$4.26
Nov 202511,96911,9932,0271,6260$60.06$3.79
Oct 202512,71012,7051,7901,4240$60.89$3.19
Sep 202512,29112,2692,1731,72928$63.96$2.97
Aug 202510,14110,138140,346110,39247$64.86$2.91
Jul 202511,74511,76093,31774,0610$68.39$3.20
Jun 202512,09012,1211,9461,5280$68.17$3.02
May 202512,34312,3102,2411,7950$62.17$3.12
Apr 202513,80513,91090,68872,53332$63.54$3.42
Mar 202521,00321,04327,34121,8040$68.24$4.12
Feb 202518,09118,100000$71.53$4.19
Jan 202523,41423,34436,51430,5555$75.74$4.13
Dec 202419,32619,37936,47429,01059$70.12$3.01
Nov 202415,45115,41288,27469,852259$69.95$2.12
Oct 202420,98320,97834,71927,27397$71.99$2.20
Sep 202420,91820,91344,07936,24920$70.24$2.28
Aug 202424,77624,86546,60338,64082$76.68$1.99
Jul 202429,28929,20242,59935,39340$81.80$2.07
Jun 202428,86928,90214,05311,28225$79.77$2.54
May 202429,89129,82518,43014,91047$80.02$2.12
Apr 202422,76022,77710,6718,9730$85.35$1.60
Mar 202422,84722,82750,28942,712492$81.28$1.49
Feb 202422,66022,76022,74319,09040$77.25$1.72
Jan 202422,87322,75017,32614,4079$74.15$3.18
Dec 202326,16026,18812,10710,19410$71.90$2.52
Nov 202324,54824,46521,11017,62127$77.69$2.71
Oct 202313,12513,12210,9859,02128$85.64$2.98
Sep 202311,56711,6453,1643,1640$89.43$2.64
Aug 202312,23112,17311,6819,144131$81.39$2.58

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

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