Texas oil lease

No report in 6+ months

REV GF STATE T7-50-38 E

Name: REV GF STATE T7-50-38 E monthly oil and gas production, Reeves County, Texas
Creator: Texas Railroad Commission

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

1 well

0bbl oil, since Jan 2024

Operator: Chevron U. S. A. Inc.
County: Reeves County
Field: Wolfbone (Trend Area)
RRC lease: 08-59645

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Where it sits

This county

Reeves County

Oil in Mar 2024: 0 bbl
Reporting since: Jan 2024

Checks stopped on this lease?

Sales
No sales reported for the last 12 months of state data (through Jul 2026).

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

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Production by month

No production to chart

The state shows zero oil and zero gas for all 3 months we hold (Jan 2024 to Mar 2024). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on REV GF STATE T7-50-38 E
API number	Well no.	Status
42-389-40270	0122WA	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Plains Pipeline L.p.	Oil	Gathers	100	Mar 4, 2023
Chevron U. S. A. Inc.	Casinghead gas	Buys	100	Mar 4, 2023
Enterprise Products Operating LLC	Casinghead gas	Gathers	100	Mar 4, 2023

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

Who buys my oil Oil price check

992.86 acres on the newest permit

Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
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 E
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-389-40270	0122WA	Oct 24, 2022	Mar 4, 2023	992.86	Horizontal, allocation

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
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

3 months, newest first

Ledger for REV GF STATE T7-50-38 E
Month	WTI$/bbl	Henry Hub$/MMBtu
Mar 2024	$81.28	$1.49
Feb 2024	$77.25	$1.72
Jan 2024	$74.15	$3.18

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

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