What Chevron is doing in Lea County — wells, recent permits, spuds, and DUCs — and what it means if you own minerals here.
Activity data as of July 2026 · public well-header records · CSV · JSON · CC BY 4.0
Get a Free OfferChevron has 1,501 well records in Lea County, New Mexico, which ranks it #6 among operators in the county by well count. Of those, 1,130 are flagged as producing. Its activity here is concentrated in the Morrow play.
On the forward-looking side, Chevron has 172 permits and 80 spuds filed in the last 24 months and 110 drilled-but-uncompleted (DUC) wells in the county, with its most recent permit dated May 2026 — signals that production, and royalties, may be coming.
Producing wells drive the checks you receive now; permits and spuds point to potential future royalties; a DUC count signals production may be near.
Operator quality matters. A strong, active operator like the ones leading a county tends to develop and pay more reliably — one of the inputs a buyer weighs.
Your tract is what counts. County-level activity sets the backdrop, but your lease royalty, decimal interest, and exact tract determine your actual royalty. See how to track drilling near you and net mineral acres vs. net royalty acres.
Chevron has 1,501 well records in Lea County, New Mexico (ranked #6 among operators in the county by well count). Recent forward activity includes 172 permits and 80 spuds in the last 24 months and 110 drilled-but-uncompleted (DUC) wells. Figures are from public well-header records as of July 2026.
New permits and spuds point to potential future royalties; a rising DUC count signals production may be near; and producing wells (1,130 here) drive current checks. Chevron's scale and activity in Lea County is one input a buyer weighs when valuing minerals there — but your specific tract, lease royalty, and decimal interest determine what you actually receive.
Yes. Buckhead Energy is a direct buyer of mineral and royalty interests in Lea County, New Mexico, including interests under Chevron-operated wells. We provide a free, no-obligation written offer and explain how the operator's activity factored into it.
Buckhead Energy buys mineral and royalty interests in Lea County, New Mexico directly — own capital, no broker commissions, and a free, no-obligation written offer that factors in Chevron's activity nearby.
Get a Free OfferDirect buyer, not a broker · A+ BBB · buying since 2007
Activity figures are compiled from public well-header records and refreshed periodically; they are general information, not legal, tax, or investment advice. Confirm specifics against current state-agency data for any tract.
Get a fair offer from a direct buyer with 19 years in business.
Sell My Mineral Rights