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Texas oil lease

Producing

REV CON T8-51-7 UNIT

Rev Con T8-51-7 Unit is an oil lease in Reeves County, Texas, operated by Chevron U. S. A. Inc. in the Wolfbone (Trend Area) field.

3 wells

182,115bbl oil, last 12 months
RRC lease
08-60868

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
335,175 mcf
Oil in Jul 2026
11,985 bbl

Production by month

Oil output fell 80% since Nov 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 80% since Nov 2024Monthly oil production and gas for REV CON T8-51-7 UNIT, Nov 2024 to Jul 2026. Oil output fell 80% since Nov 2024. Monthly average of 13,552 bbl in the latest 3 months, against 66,894 bbl in the first 3.Last 12 months: 182,115 bblbbl per monthmcf per month0025k20k50k40k75k60k100k80kJan 25AprJulOctJan 26AprJul
Oil output fell 80% since Nov 2024Monthly oil production and gas for REV CON T8-51-7 UNIT, Nov 2024 to Jul 2026. Oil output fell 80% since Nov 2024. Monthly average of 13,552 bbl in the latest 3 months, against 66,894 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0025k20k50k40k75k60k100k80kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a transmission line in the last 12 monthsShare of REV CON T8-51-7 UNIT gas by disposition code each month, Nov 2024 to Jul 2026. 93% 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%Jan 25AprJulOctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of REV CON T8-51-7 UNIT gas by disposition code each month, Nov 2024 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 311,035 mcf

  • Lease fuel (1)

    7.1% · 23,870 mcf

  • Flared (4)

    0.1% · 270 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

3 wells on this lease

Wells on REV CON T8-51-7 UNIT
API numberWell no.Status
42-389-405990011WAActive
42-389-406010013WAActive
42-389-411550024WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Jan 4, 2024
Chevron U. S. A. Inc.Casinghead gasBuys100Jan 4, 2024
Enterprise Products Operating LLCCasinghead gasGathers100Jan 4, 2024

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

698.39 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 366.29 and 1,014.53 acres. Use the acres from your own division order for the well you are paid on.

  • 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 Rev Con T8-51-7 Unit
API numberWell no.Acreson the permit
42-389-411550024WA698.39
42-389-405990011WA366.29
42-389-406000012WA528.43
42-389-406010013WA1,014.53

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

21 months, newest first

Ledger for REV CON T8-51-7 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202611,98511,99627,34225,02532$80.46$2.89
Jun 202613,68013,69022,25520,4930$84.81$3.15
May 202614,99214,98530,34127,7474$102.13$2.94
Apr 202614,36714,42942,73239,5849$100.32$2.77
Mar 202616,15416,09723,74821,9862$91.38$3.04
Feb 202614,83614,84735,15033,0510$64.51$3.62
Jan 202615,84615,85634,23431,678131$60.04$7.72
Dec 202517,95517,92833,36631,20642$57.97$4.26
Nov 202518,16718,16436,35734,12012$60.06$3.79
Oct 202515,51215,51316,34615,2995$60.89$3.19
Sep 202513,10413,08911,18110,27033$63.96$2.97
Aug 202515,51715,57622,12320,5760$64.86$2.91
Jul 202521,76121,70712,58811,5730$68.39$3.20
Jun 202522,92923,10725,70523,5400$68.17$3.02
May 202527,56127,73049,67344,5570$62.17$3.12
Apr 202530,07629,89745,66939,833150$63.54$3.42
Mar 202531,73531,75139,10434,6930$68.24$4.12
Feb 202541,97442,00643,38638,537110$71.53$4.19
Jan 202554,58354,58849,30543,735465$75.74$4.13
Dec 202481,64981,74861,20756,08932$70.12$3.01
Nov 202464,44964,07025,87723,725134$69.95$2.12

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

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Nearby

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