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Texas oil lease

Producing

REV CON T8-50-7 UNIT

Rev Con T8-50-7 Unit is an oil lease in Reeves County, Texas, operated by Chevron U. S. A. Inc. in the Wolfbone (Trend Area) field.

8 wells

1,501,629bbl oil, last 12 months
Operator
Chevron U. S. A. Inc.
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-61731

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
1,498,526 mcf
Oil in Jul 2026
69,058 bbl

Production by month

Oil output fell 34% since May 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 34% since May 2025Monthly oil production and gas for REV CON T8-50-7 UNIT, May 2025 to Jul 2026. Oil output fell 34% since May 2025. Monthly average of 79,339 bbl in the latest 3 months, against 120,066 bbl in the first 3.bbl per monthmcf per month0050k100k100k200k150k300k200k400k250k500kJul 25OctJan 26AprJul
Oil output fell 34% since May 2025Monthly oil production and gas for REV CON T8-50-7 UNIT, May 2025 to Jul 2026. Oil output fell 34% since May 2025. Monthly average of 79,339 bbl in the latest 3 months, against 120,066 bbl in the first 3.bbl per monthmcf per month0050k100k100k200k150k300k200k400k250k500kJul 25Jan 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 T8-50-7 UNIT gas by disposition code each month, May 2025 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%Jul 25OctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of REV CON T8-50-7 UNIT gas by disposition code each month, May 2025 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%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 1,391,708 mcf

  • Lease fuel (1)

    7.0% · 105,571 mcf

  • Flared (4)

    0.1% · 1,247 mcf

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

8 wells on this lease

Wells on REV CON T8-50-7 UNIT
API numberWell no.Status
42-389-410500031WAActive
42-389-410510033WAActive
42-389-410520032WAActive
42-389-410610041WAActive
42-389-410620042WAActive
42-389-410630043WAActive
42-389-410640044WAActive
42-389-410650045WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers100May 25, 2024
Chevron U. S. A. Inc.Casinghead gasBuys100May 25, 2024
Enterprise Products Operating LLCCasinghead gasGathers100May 25, 2024

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

Who buys my oilOil price check

3,374.45 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.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,418.3 and 3,374.45 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    9 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 Con T8-50-7 Unit
API numberWell no.Acreson the permit
42-389-410650045WA3,374.45
42-389-410500031WA3,374.45
42-389-410610041WA3,374.45
42-389-410620042WA3,374.45
42-389-410630043WA3,374.45
42-389-410510033WA1,418.30
42-389-410520032WA1,418.30
42-389-410530034WA1,418.30
42-389-410640044WA3,374.45

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

15 months, newest first

Ledger for REV CON T8-50-7 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202669,05869,11971,31365,27284$80.46$2.89
Jun 202678,77578,85474,45468,5630$84.81$3.15
May 202690,18490,19068,54262,6859$102.13$2.94
Apr 202696,90197,26098,36791,11720$100.32$2.77
Mar 2026101,809101,44680,79474,8027$91.38$3.04
Feb 202692,19392,333105,03498,7650$64.51$3.62
Jan 2026111,833111,945112,738104,316433$60.04$7.72
Dec 2025134,644134,501119,704111,951148$57.97$4.26
Nov 2025151,358151,518140,658132,00443$60.06$3.79
Oct 2025170,713171,033163,226152,76940$60.89$3.19
Sep 2025201,464201,102156,860144,086463$63.96$2.97
Aug 2025202,697202,919306,836285,3780$64.86$2.91
Jul 2025177,973177,397132,916122,1700$68.39$3.20
Jun 2025137,604137,636184,651169,0810$68.17$3.02
May 202544,62144,23783,11974,5540$62.17$3.12

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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