THORPE
THORPE is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Chesapeake Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 5,218,868 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 $1.3M, with roughly $209K 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 7,276 thousand cubic feet a month. Its strongest month on the record we hold was November 2018, at 354,242 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 THORPE
- Who operates THORPE?
- THORPE is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is THORPE?
- THORPE is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 288421.
- Is THORPE still producing?
- THORPE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THORPE is August 2026.
- How much has THORPE produced?
- THORPE has reported 5,218,868 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is THORPE worth?
- The remaining production from THORPE is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.1M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THORPE is a fraction of it. The estimate fits an Arps decline curve to the production THORPE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THORPE is an estimate of value, not an offer and not an appraisal.
- How much income does THORPE generate in a year?
- THORPE is forecast to net about $209K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THORPE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 288421 |
| Wellbores | 1 |
| Reported production | 5,218,868 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where THORPE 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.