GATES 010 CHK-B TR 1
GATES 010 CHK-B TR 1 is a Texas gas lease in Webb County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 2,103,523 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.1M, with roughly $211K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,913 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 13,757 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about GATES 010 CHK-B TR 1
- Who operates GATES 010 CHK-B TR 1?
- GATES 010 CHK-B TR 1 is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is GATES 010 CHK-B TR 1?
- GATES 010 CHK-B TR 1 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 260412.
- Is GATES 010 CHK-B TR 1 still producing?
- GATES 010 CHK-B TR 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GATES 010 CHK-B TR 1 is August 2026.
- How much has GATES 010 CHK-B TR 1 produced?
- GATES 010 CHK-B TR 1 has reported 2,103,523 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2011 and August 2026, from 1 wellbore.
- How much is GATES 010 CHK-B TR 1 worth?
- The remaining production from GATES 010 CHK-B TR 1 is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $939K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GATES 010 CHK-B TR 1 is a fraction of it. The estimate fits an Arps decline curve to the production GATES 010 CHK-B TR 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GATES 010 CHK-B TR 1 is an estimate of value, not an offer and not an appraisal.
- How much income does GATES 010 CHK-B TR 1 generate in a year?
- GATES 010 CHK-B TR 1 is forecast to net about $211K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GATES 010 CHK-B TR 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 260412 |
| Wellbores | 1 |
| Reported production | 2,103,523 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where GATES 010 CHK-B TR 1 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.