URIAH OL

URIAH OL 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 September 1996 to August 2026, totalling 3,447,587 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 $57K, with roughly $16K 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 775 thousand cubic feet a month. Its strongest month on the record we hold was February 2017, at 3,392 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 URIAH OL

Who operates URIAH OL?
URIAH OL is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is URIAH OL?
URIAH OL is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 160552.
Is URIAH OL still producing?
URIAH OL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for URIAH OL is August 2026.
How much has URIAH OL produced?
URIAH OL has reported 3,447,587 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 1996 and August 2026, from 1 wellbore.
How much is URIAH OL worth?
The remaining production from URIAH OL is estimated to be worth about $57K in total as of 26 August 2026, within a range of $45K to $70K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in URIAH OL is a fraction of it. The estimate fits an Arps decline curve to the production URIAH OL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for URIAH OL is an estimate of value, not an offer and not an appraisal.
How much income does URIAH OL generate in a year?
URIAH OL is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in URIAH OL receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

URIAH OL as filed with the Railroad Commission of Texas
OperatorChesapeake Operating, Inc.
FieldGiddings (Austin Chalk, Gas)
CountyGrimes County, Texas
RRC district03
Lease number160552
Wellbores1
Reported production3,447,587 mcf
First reported
Last reported
Estimated royalty value$57K

Where URIAH OL 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.