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REEVES TXL FEE T7-51-47

Reeves TXL Fee T7-51-47 is an oil lease in Reeves County, Texas, operated by Chevron U. S. A. Inc. in the Wolfbone (Trend Area) field.

1 well

1,145bbl oil, last 12 months−60% vs prior year
Operator
Chevron U. S. A. Inc.
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-45956

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
1,200 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 60% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for REEVES TXL FEE T7-51-47, Aug 2023 to Jul 2026. Oil output fell 60% over the last 12 months. 1,145 bbl in the 12 months through Jul 2026, against 2,869 bbl in the 12 months before.Last 12 months: 1,145 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for REEVES TXL FEE T7-51-47, Aug 2023 to Jul 2026. Oil output fell 60% over the last 12 months. 1,145 bbl in the 12 months through Jul 2026, against 2,869 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

86% of the gas went to a transmission line in the last 12 months

Flaring peaked at 81.5% of the gas in Oct 2025.

  • Transmission line (2)
  • Flared (4)
86% of the gas went to a transmission line in the last 12 monthsShare of REEVES TXL FEE T7-51-47 gas by disposition code each month, Aug 2023 to Jul 2026. 86% of the gas went to a transmission line in the last 12 months. Flaring peaked at 81.5% of the gas in Oct 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 81.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
86% of the gas went to a transmission line in the last 12 monthsShare of REEVES TXL FEE T7-51-47 gas by disposition code each month, Aug 2023 to Jul 2026. 86% of the gas went to a transmission line in the last 12 months. Flaring peaked at 81.5% of the gas in Oct 2025.Share of gas by disposition code0%50%100%Flared 81.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    86% · 2,267 mcf

  • Flared (4)

    14% · 355 mcf

13.5% of the gas flared in the last 12 months. 7 months above 3%.

1 well on this lease

Wells on REEVES TXL FEE T7-51-47
API numberWell no.Status
42-389-338121Active

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 gasBuys50Aug 1, 2025–
Oxy USA Wtp LPCasinghead gasBuys50Aug 1, 2025–
Energy Transfer CompanyCasinghead gasGathers50Aug 1, 2025–
Oxy USA Wtp LPCasinghead gasGathers50Aug 1, 2025–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015Aug 1, 2025
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Aug 1, 2025
Ngl Crude Logistics, LLCOilGathers50Dec 20, 2014Aug 1, 2025
Plains Marketing, L.p.OilGathers50Dec 20, 2014Aug 1, 2025

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

Who buys my oilOil price check

644.60 acres on the newest permit

Check your decimal on this lease
Permits for Reeves TXL Fee T7-51-47
API numberWell no.Acreson the permit
42-389-338121644.60

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

36 months, newest first

Ledger for REEVES TXL FEE T7-51-47
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026026000$80.46$2.89
Jun 20262510564640$84.81$3.15
May 2026114984434421$102.13$2.94
Apr 202600000$100.32$2.77
Mar 20262070700$91.38$3.04
Feb 202606321$64.51$3.62
Jan 2026227317000$60.04$7.72
Dec 202526238026322736$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202514401082088$60.89$3.19
Sep 20253714092492463$63.96$2.97
Aug 202500000$64.86$2.91
Jul 20251491472072016$68.39$3.20
Jun 20252192192082062$68.17$3.02
May 20253242692902900$62.17$3.12
Apr 2025270201384221163$63.54$3.42
Mar 202534432833327855$68.24$4.12
Feb 20252292071681680$71.53$4.19
Jan 20251351833243186$75.74$4.13
Dec 20242542437537530$70.12$3.01
Nov 20242062576536449$69.95$2.12
Oct 20243372604194190$71.99$2.20
Sep 20242631812502455$70.24$2.28
Aug 20241392483553541$76.68$1.99
Jul 20243734634064060$81.80$2.07
Jun 20242922753547956$79.77$2.54
May 202410336324121526$80.02$2.12
Apr 20243413766746731$85.35$1.60
Mar 202432214682380419$81.28$1.49
Feb 20243174146806800$77.25$1.72
Jan 20244405451,0271,0261$74.15$3.18
Dec 20231,6541,5952,2572,2570$71.90$2.52
Nov 2023346845985962$77.69$2.71
Oct 202300000$85.64$2.98
Sep 202300000$89.43$2.64
Aug 202300000$81.39$2.58

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.FieldWolfbone (Trend Area)CountyReeves County

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

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Wolfbone (Trend Area) field

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