Skip to content
Royalty Clerk

Texas oil lease

Producing

REEVES TXL FEE T7-50-21

Reeves TXL Fee T7-50-21 is an oil lease in Reeves County, Texas, operated by Chevron U. S. A. Inc. in the Wolfbone (Trend Area) field.

7 wells

61,574bbl oil, last 12 months−35% vs prior year
RRC lease
08-44932

Is your check right?

Check my statement

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
396,702 mcf
Oil in Jul 2026
3,025 bbl

Production by month

Oil output fell 35% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for REEVES TXL FEE T7-50-21, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 61,574 bbl in the 12 months through Jul 2026, against 94,412 bbl in the 12 months before.Last 12 months: 61,574 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for REEVES TXL FEE T7-50-21, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 61,574 bbl in the 12 months through Jul 2026, against 94,412 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

79% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
79% of the gas went to a transmission line in the last 12 monthsShare of REEVES TXL FEE T7-50-21 gas by disposition code each month, Aug 2023 to Jul 2026. 79% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
79% of the gas went to a transmission line in the last 12 monthsShare of REEVES TXL FEE T7-50-21 gas by disposition code each month, Aug 2023 to Jul 2026. 79% of the gas went to a transmission line 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.

  • Transmission line (2)

    79% · 314,222 mcf

  • Lease fuel (1)

    20% · 81,323 mcf

  • Flared (4)

    0.3% · 1,157 mcf

0.3% of the gas flared in the last 12 months. No month above 3%.

7 wells on this lease

Wells on REEVES TXL FEE T7-50-21
API numberWell no.Status
42-389-335561Active
42-389-363401HActive
42-389-363442HActive
42-389-363453HActive
42-389-363464HActive
42-389-363475HActive
42-389-363526HActive

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 gasBuys50Nov 15, 2013–
Oxy USA Wtp LPCasinghead gasBuys50Nov 15, 2013–
Energy Transfer CompanyCasinghead gasGathers50Nov 15, 2013–
Oxy USA Wtp LPCasinghead gasGathers50Nov 15, 2013–
Ngl Crude Logistics, LLCOilGathers50Nov 15, 2013Aug 1, 2025
Plains Marketing, L.p.OilGathers50Nov 15, 2013Aug 1, 2025

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

644.24 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 644.2 and 644.24 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    7 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 TXL Fee T7-50-21
API numberWell no.Acreson the permit
42-389-363401H644.24
42-389-363442H644.24
42-389-363453H644.24
42-389-363464H644.24
42-389-363475H644.24
42-389-363526H644.24
42-389-335561644.20

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 TXL FEE T7-50-21
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,0253,02013,41910,85517$80.46$2.89
Jun 20265,1595,16711,4258,7780$84.81$3.15
May 20266,3336,36920,54116,00014$102.13$2.94
Apr 20266,8986,88967,97553,116182$100.32$2.77
Mar 20266,5386,49150,41639,37745$91.38$3.04
Feb 20263,5443,58239,28731,6670$64.51$3.62
Jan 20263,9983,96213,05610,600149$60.04$7.72
Dec 20254,7684,7637,5725,9470$57.97$4.26
Nov 20255,1505,15844,55435,7630$60.06$3.79
Oct 20255,2485,25555,98544,5959$60.89$3.19
Sep 20255,8155,80856,70845,125735$63.96$2.97
Aug 20255,0985,10115,76412,3996$64.86$2.91
Jul 20256,2856,29132,71525,9660$68.39$3.20
Jun 20256,3136,33731,89225,0430$68.17$3.02
May 20257,0377,03563,53250,8980$62.17$3.12
Apr 20259,5549,5699,0517,2383$63.54$3.42
Mar 20259,5419,53612,4059,8950$68.24$4.12
Feb 20256,7736,76638,77633,388281$71.53$4.19
Jan 20257,9287,93535,61829,8074$75.74$4.13
Dec 20249,1389,16134,77327,65955$70.12$3.01
Nov 20247,2527,21739,70631,424116$69.95$2.12
Oct 20248,3408,33236,47928,662102$71.99$2.20
Sep 20247,7437,73544,48136,57920$70.24$2.28
Aug 20248,5088,52144,60836,98279$76.68$1.99
Jul 20248,4288,40043,32435,99641$81.80$2.07
Jun 20247,9387,94251,65741,46692$79.77$2.54
May 20247,6027,61543,91635,529112$80.02$2.12
Apr 20249,3609,36845,17637,9860$85.35$1.60
Mar 20249,4259,41943,74337,153428$81.28$1.49
Feb 20249,6839,72758,61948,291104$77.25$1.72
Jan 20249,8559,79746,57838,73123$74.15$3.18
Dec 202310,41210,42648,60940,92242$71.90$2.52
Nov 202310,12610,16044,15536,86356$77.69$2.71
Oct 202313,29013,27244,36736,441111$85.64$2.98
Sep 202310,11510,16644,30135,182329$89.43$2.64
Aug 20239,5739,52345,60835,706510$81.39$2.58

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

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Leases within 10 km

Drilling permits within 10 km