CHOATE
CHOATE is a Texas gas lease in Live Oak County, Railroad Commission district 02, operated by Continental Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 4,035,041 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 a standard royalty share at about $29K, with roughly $6K expected over the next twelve months.
| Operator | Continental Operating Co. |
|---|---|
| Field | Goebel, North (Wilcox 7200) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 240597 |
| Wellbores | 1 |
| Reported production | 4,035,041 mcf |
| First reported | September 2008 |
| Last reported | August 2026 |
| Estimated royalty value | $29K |
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.