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Texas oil lease

Producing

REV GF STATE T7 50

Rev GF State T7 50 is an oil lease in Reeves County, Texas, operated by Chevron U. S. A. Inc. in the Phantom (Wolfcamp) field.

23 wells

450,672bbl oil, last 12 months−28% vs prior year
Operator
Chevron U. S. A. Inc.
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-50122

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
1,824,750 mcf
Oil in Jul 2026
43,874 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for REV GF STATE T7 50, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 450,672 bbl in the 12 months through Jul 2026, against 626,225 bbl in the 12 months before.Last 12 months: 450,672 bblbbl per monthmcf per month0020k100k40k200k60k300k80k400kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for REV GF STATE T7 50, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 450,672 bbl in the 12 months through Jul 2026, against 626,225 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k100k40k200k60k300k80k400kJan 24JulJan 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 GF STATE T7 50 gas by disposition code each month, Aug 2023 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%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of REV GF STATE T7 50 gas by disposition code each month, Aug 2023 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 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 1,693,186 mcf

  • Lease fuel (1)

    7.1% · 130,002 mcf

  • Flared (4)

    0.1% · 1,562 mcf

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

23 wells on this lease

Wells on REV GF STATE T7 50
API numberWell no.Status
42-389-36270441HActive
42-389-362712HActive
42-389-36279443HActive
42-389-36406451HActive
42-389-36407452HActive
42-389-36408453HActive
42-389-36409461HActive
42-389-36410462HActive
42-389-36411463HActive
42-389-36574464HActive
42-389-36575465HActive
42-389-36577466HActive
42-389-38278455HActive
42-389-38282456HActive
42-389-38284457HActive
42-389-38300454HActive
42-389-38777446HActive
42-389-38778449HActive
42-389-38780444HActive
42-389-38781445HActive
42-389-387824410HActive
42-389-38914458HActive
42-389-38920459HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ngl Crude Assets and Mktg, LLCOilGathers50Aug 1, 2025–
Plains Pipeline L.p.OilGathers50Jan 1, 2023–
Enterprise Products Operating LLCCasinghead gasBuys100Mar 10, 2018–
Enterprise Products Operating LLCCasinghead gasGathers100Mar 10, 2018–
Plains Marketing, L.p.OilGathers50Jan 1, 2023Aug 1, 2025
Plains Pipeline L.p.OilGathers100Aug 2, 2018Jan 1, 2023

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

Who buys my oilOil price check

3,844.25 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,280 and 3,844.25 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    26 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
API numberWell no.Acreson the permit
42-389-38914458H3,844.25
42-389-38920459H3,844.25
42-389-38777446H3,844.25
42-389-38778449H3,844.25
42-389-38780444H3,844.25
42-389-38781445H3,844.25
42-389-387824410H3,844.25
42-389-38278455H3,844.25
42-389-38282456H3,844.25
42-389-38284457H3,844.25
42-389-38300454H3,844.25
42-389-36574464H1,284.25

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

36 months, newest first

Ledger for REV GF STATE T7 50
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202643,87443,832103,85295,051122$80.46$2.89
Jun 202645,03845,067163,824150,8680$84.81$3.15
May 202646,25246,230174,598159,67224$102.13$2.94
Apr 202643,35443,403154,379142,99936$100.32$2.77
Mar 202638,83538,827171,711158,97717$91.38$3.04
Feb 202632,46632,412152,655143,5380$64.51$3.62
Jan 202631,10531,171182,442168,816700$60.04$7.72
Dec 202539,37539,335193,080180,572240$57.97$4.26
Nov 202535,76735,730198,195185,99860$60.06$3.79
Oct 202536,36836,338169,716158,84345$60.89$3.19
Sep 202526,79926,859107,90499,122318$63.96$2.97
Aug 202531,43931,39452,39448,7300$64.86$2.91
Jul 202541,66841,657242,010222,4430$68.39$3.20
Jun 202543,84443,913185,510169,8690$68.17$3.02
May 202544,48944,51660,75654,4970$62.17$3.12
Apr 202551,15051,103121,946106,370398$63.54$3.42
Mar 202558,98358,975124,309110,2810$68.24$4.12
Feb 202549,76649,799214,163190,213549$71.53$4.19
Jan 202555,77155,699228,202202,4152,152$75.74$4.13
Dec 202460,75260,821179,447164,43996$70.12$3.01
Nov 202459,16759,332264,780242,7711,361$69.95$2.12
Oct 202458,89258,809178,844156,504230$71.99$2.20
Sep 202449,00848,875241,041205,2280$70.24$2.28
Aug 202452,73552,761155,955133,93992$76.68$1.99
Jul 202450,25450,296173,539151,2650$81.80$2.07
Jun 202435,88235,790181,894156,998369$79.77$2.54
May 202452,44052,565155,393134,901114$80.02$2.12
Apr 202455,95955,911157,695136,718481$85.35$1.60
Mar 202451,18351,115149,472131,681944$81.28$1.49
Feb 202456,30656,413154,543135,747818$77.25$1.72
Jan 202469,15269,128113,55898,476462$74.15$3.18
Dec 202365,79565,865137,470111,6521,378$71.90$2.52
Nov 202355,89456,113136,157109,127661$77.69$2.71
Oct 202359,06158,819184,815149,000268$85.64$2.98
Sep 202360,17160,218108,88688,1390$89.43$2.64
Aug 202354,99954,981107,38486,120344$81.39$2.58

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.FieldPhantom (Wolfcamp)CountyReeves County

Chevron U. S. A. Inc. in Reeves County

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Phantom (Wolfcamp) field

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