CONKLING DL
CONKLING DL is a Texas gas lease in Grimes County, Railroad Commission district 03, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 1996 to August 2026, totalling 6,343,158 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 $438K, with roughly $86K 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 3,958 thousand cubic feet a month. Its strongest month on the record we hold was January 2019, at 9,068 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 CONKLING DL
- Who operates CONKLING DL?
- CONKLING DL is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is CONKLING DL?
- CONKLING DL is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 159182.
- Is CONKLING DL still producing?
- CONKLING DL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONKLING DL is August 2026.
- How much has CONKLING DL produced?
- CONKLING DL has reported 6,343,158 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 1996 and August 2026, from 1 wellbore.
- How much is CONKLING DL worth?
- The remaining production from CONKLING DL is estimated to be worth about $438K in total as of 26 August 2026, within a range of $364K to $513K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONKLING DL is a fraction of it. The estimate fits an Arps decline curve to the production CONKLING DL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONKLING DL is an estimate of value, not an offer and not an appraisal.
- How much income does CONKLING DL generate in a year?
- CONKLING DL is forecast to net about $86K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONKLING DL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 159182 |
| Wellbores | 1 |
| Reported production | 6,343,158 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $438K |
Where CONKLING DL 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.