GATES 010 CHK-B TR1
GATES 010 CHK-B TR1 is a Texas gas lease in Dimmit County, Railroad Commission district 01, operated by Silverbow Resources Oper, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2024 to August 2026, totalling 458,924 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 $1.8M, with roughly $1.0M 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 14,170 thousand cubic feet a month. Its strongest month on the record we hold was November 2024, at 49,866 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 TR1
- Who operates GATES 010 CHK-B TR1?
- GATES 010 CHK-B TR1 is operated by Silverbow Resources Oper, LLC, Railroad Commission of Texas operator number 781915.
- Where is GATES 010 CHK-B TR1?
- GATES 010 CHK-B TR1 is a Texas gas lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 300422.
- Is GATES 010 CHK-B TR1 still producing?
- GATES 010 CHK-B TR1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GATES 010 CHK-B TR1 is August 2026.
- How much has GATES 010 CHK-B TR1 produced?
- GATES 010 CHK-B TR1 has reported 458,924 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2024 and August 2026, from 1 wellbore.
- How much is GATES 010 CHK-B TR1 worth?
- The remaining production from GATES 010 CHK-B TR1 is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GATES 010 CHK-B TR1 is a fraction of it. The estimate fits an Arps decline curve to the production GATES 010 CHK-B TR1 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 TR1 is an estimate of value, not an offer and not an appraisal.
- How much income does GATES 010 CHK-B TR1 generate in a year?
- GATES 010 CHK-B TR1 is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GATES 010 CHK-B TR1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Silverbow Resources Oper, LLC |
|---|---|
| Field | Lorenzo (Austin Chalk) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 300422 |
| Wellbores | 1 |
| Reported production | 458,924 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where GATES 010 CHK-B TR1 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.