Texas oil lease
ProducingREGAN-STATE 1
Regan-State 1 is an oil lease in Reeves County, Texas, operated by Chevron U. S. A. Inc. in the Toro (Delaware) field.
2 wells
- Operator
- Chevron U. S. A. Inc.
- County
- Reeves County
- Field
- Toro (Delaware)
- RRC lease
- 08-20047
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 137 bbl
- Reporting since
- Jan 2020
Production by month
Oil output rose 16% over the last 12 months
- Oil (bars)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-10411 | 1 | Active |
| 42-389-10501 | 2 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Eastex Crude Company, LLC | Oil | Gathers | 25 | Jun 1, 2024 | – |
| Enterprise Crude Pipeline LLC | Oil | Gathers | 25 | Jun 1, 2024 | – |
| Plains Pipeline L.p. | Oil | Gathers | 25 | Jun 1, 2024 | – |
| Texon L.p. | Oil | Gathers | 25 | Jun 1, 2024 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Dec 1, 2016 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Dec 1, 2016 | – |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 100 | Dec 1, 2016 | Jun 1, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What the drilling permits say
- Good to know
The state has no unit acreage for this lease
Ask the operator for the acreage on your well's division order and unit plat.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-10411 | 1 | – | Mar 10, 1966 | – |
| 42-389-10501 | 2 | – | Jun 16, 1967 | – |
What Chevron Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $99.38 | $7.84 | $27.00 | SEC filing |
| Q2 2026 | $95.66 | $0.91 | $21.56 | SEC filing |
| Q1 2026 | $80.12 | $6.99 | $25.16 | SEC filing |
| Q1 2026 | $68.83 | $2.48 | $18.19 | SEC filing |
| Q4 2025 | – | $6.97 | – | SEC filing |
| Q4 2025 | – | $2.21 | – | SEC filing |
SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026 | 137 | 140 | $80.46 | $2.89 |
| Jun 2026 | 50 | 89 | $84.81 | $3.15 |
| May 2026 | 104 | 134 | $102.13 | $2.94 |
| Apr 2026 | 90 | 0 | $100.32 | $2.77 |
| Mar 2026 | 83 | 101 | $91.38 | $3.04 |
| Feb 2026 | 9 | 0 | $64.51 | $3.62 |
| Jan 2026 | 21 | 132 | $60.04 | $7.72 |
| Dec 2025 | 72 | 0 | $57.97 | $4.26 |
| Nov 2025 | 74 | 146 | $60.06 | $3.79 |
| Oct 2025 | 83 | 0 | $60.89 | $3.19 |
| Sep 2025 | 74 | 144 | $63.96 | $2.97 |
| Aug 2025 | 115 | 0 | $64.86 | $2.91 |
| Jul 2025 | 103 | 148 | $68.39 | $3.20 |
| Jun 2025 | 25 | 0 | $68.17 | $3.02 |
| May 2025 | 164 | 144 | $62.17 | $3.12 |
| Apr 2025 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025 | 30 | 106 | $68.24 | $4.12 |
| Feb 2025 | 13 | 0 | $71.53 | $4.19 |
| Jan 2025 | 104 | 160 | $75.74 | $4.13 |
| Dec 2024 | 117 | 0 | $70.12 | $3.01 |
| Nov 2024 | 142 | 140 | $69.95 | $2.12 |
| Oct 2024 | 1 | 155 | $71.99 | $2.20 |
| Sep 2024 | 70 | 0 | $70.24 | $2.28 |
| Aug 2024 | 14 | 0 | $76.68 | $1.99 |
| Jul 2024 | 9 | 0 | $81.80 | $2.07 |
| Jun 2024 | 66 | 0 | $79.77 | $2.54 |
| May 2024 | 132 | 141 | $80.02 | $2.12 |
| Apr 2024 | 93 | 144 | $85.35 | $1.60 |
| Mar 2024 | 109 | 149 | $81.28 | $1.49 |
| Feb 2024 | 241 | 142 | $77.25 | $1.72 |
| Jan 2024 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023 | 115 | 140 | $71.90 | $2.52 |
| Nov 2023 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023 | 0 | 0 | $85.64 | $2.98 |
| Sep 2023 | 81 | 132 | $89.43 | $2.64 |
| Aug 2023 | 97 | 132 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Chevron U. S. A. Inc. in Reeves County
- FROST, J.
31,137 mcf
- KINCAID A
29,462 mcf
- REEVES TXL FEE UNIT
28,803 mcf
- REEVES TXL FEE T7-51-47
1,145 bbl
- STATE SCHOOL BOARD "ZZ"
25,088 mcf
- REEVES -AU-
25,003 mcf
- HARDIN-STATE
22,041 mcf
- TXL REEVES STATE UNIT
21,392 mcf
- YEARY 37
704 bbl
- SOUTHERN GAS UNIT
11,415 mcf
Leases within 10 km
- HIGHTOWER STATE UNIT
228,936 bbl · 0.8 km
- CHEVRON MINERALS 37
3,069 bbl · 1 km
- BELL STATE
1,200 bbl · 1.3 km
- REV GF STATE T7 50
450,672 bbl · 1.5 km
- REV GF STATE T7-50-41
42,425 bbl · 1.6 km
- REV GF STATE T7-50-43
132,829 bbl · 1.9 km
- HOUSER 36
8,842 bbl · 2.2 km
- YOUNG, J. B., ETAL
0 bbl · 2.2 km
- VERDA
2,541 bbl · 2.4 km
- CAMPBELL STATE
0 mcf · 2.8 km
Drilling permits within 10 km
MUFASA STATE #4BU
new drill · horizontal · U.S. Energy Development Corp · Reeves County · 7.8 km
Permit 0918241 · Sep 3, 2026
MUFASA STATE #2BU
new drill · horizontal · U.S. Energy Development Corp · Reeves County · 7.8 km
Permit 0918233 · Sep 3, 2026
CHEVRON MINERALS 19 #1H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.1 km
Permit 0917621 · Aug 13, 2026
CHEVRON MINERALS 19 #2H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.1 km
Permit 0917622 · Aug 13, 2026
ZUTOPIA A #3H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.1 km
Permit 0917610 · Aug 7, 2026