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REV GF STATE T7-50-38

Rev GF State T7-50-38 is an oil lease in Reeves County, Texas, operated by Chevron U. S. A. Inc. in the Wolfbone (Trend Area) field.

9 wells

295,538bbl oil, last 12 months−61% vs prior year
Operator
Chevron U. S. A. Inc.
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-60597

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
252,678 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 5 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 61% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for REV GF STATE T7-50-38, Dec 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 295,538 bbl in the 12 months through Jul 2026, against 749,094 bbl in the 12 months before.Last 12 months: 295,538 bblbbl per monthmcf per month0050k50k100k100k150k150k200k200kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for REV GF STATE T7-50-38, Dec 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 295,538 bbl in the 12 months through Jul 2026, against 749,094 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050k50k100k100k150k150k200k200kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
92% of the gas went to a transmission line in the last 12 monthsShare of REV GF STATE T7-50-38 gas by disposition code each month, Dec 2023 to Jul 2026. 92% 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 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a transmission line in the last 12 monthsShare of REV GF STATE T7-50-38 gas by disposition code each month, Dec 2023 to Jul 2026. 92% 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)

    92% · 485,736 mcf

  • Lease fuel (1)

    8.4% · 44,694 mcf

  • Flared (4)

    0.1% · 383 mcf

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

9 wells on this lease

Wells on REV GF STATE T7-50-38
API numberWell no.Status
42-389-402740111WAActive
42-389-402750112WAActive
42-389-402760113WAActive
42-389-403230101WAActive
42-389-403240102WAActive
42-389-403250103WAActive
42-389-403650131WAActive
42-389-403660132WAActive
42-389-403670133WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers100May 11, 2023
Chevron U. S. A. Inc.Casinghead gasBuys100May 11, 2023
Enterprise Products Operating LLCCasinghead gasGathers100May 11, 2023

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

Who buys my oilOil price check

415.20 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 415.2 and 4,524.43 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    12 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 Rev GF State T7-50-38
API numberWell no.Acreson the permit
42-389-403650131WA696.23
42-389-403660132WA696.23
42-389-403670133WA415.20
42-389-403230101WA4,524.42
42-389-403250103WA1,047.11
42-389-403240102WA4,524.42
42-389-402720123WA854.96
42-389-402740111WA4,524.42
42-389-402750112WA1,173.19
42-389-402760113WA1,085.89
42-389-402690121WA4,524.43
42-389-402700122WA992.86

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

32 months, newest first

Ledger for REV GF STATE T7-50-38
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202633,70133,61549,02246,0960$64.51$3.62
Jan 202626,52526,64423,92922,14292$60.04$7.72
Dec 202544,44544,42324,64823,05031$57.97$4.26
Nov 202544,84544,81026,90225,24310$60.06$3.79
Oct 202548,25148,27024,92123,3238$60.89$3.19
Sep 202548,68848,75131,25128,70592$63.96$2.97
Aug 202549,08348,97972,00566,9690$64.86$2.91
Jul 202554,82654,80855,11650,6590$68.39$3.20
Jun 202556,03356,08964,44559,0140$68.17$3.02
May 202549,76249,75755,00449,3380$62.17$3.12
Apr 202548,89548,84946,21040,309150$63.54$3.42
Mar 202555,96555,96557,36050,8880$68.24$4.12
Feb 202549,52249,52740,36335,847103$71.53$4.19
Jan 202547,62147,57820,15917,883191$75.74$4.13
Dec 202460,72660,81642,61439,04923$70.12$3.01
Nov 202465,43965,71717,55416,09590$69.95$2.12
Oct 202480,94880,91366,46558,16683$71.99$2.20
Sep 202481,12580,93439,71033,8130$70.24$2.28
Aug 202498,23298,370103,27588,69763$76.68$1.99
Jul 2024120,200120,393104,87991,4200$81.80$2.07
Jun 2024101,468101,12263,55054,854129$79.77$2.54
May 2024110,169110,338103,66389,98778$80.02$2.12
Apr 202496,63396,79088,63976,848271$85.35$1.60
Mar 2024150,477150,285138,125121,689869$81.28$1.49
Feb 2024169,405169,360153,081134,472809$77.25$1.72
Jan 2024100,09499,785121,054104,973490$74.15$3.18
Dec 202310,18110,14812,59010,225126$71.90$2.52

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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