IKESTER
IKESTER is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Geosouthern Operating II, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2021 to August 2026, totalling 7,727,879 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 $3.7M, with roughly $938K 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 47,302 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 554,561 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 IKESTER
- Who operates IKESTER?
- IKESTER is operated by Geosouthern Operating II, LLC, Railroad Commission of Texas operator number 301273.
- Where is IKESTER?
- IKESTER is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 290867.
- Is IKESTER still producing?
- IKESTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IKESTER is August 2026.
- How much has IKESTER produced?
- IKESTER has reported 7,727,879 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2021 and August 2026, from 1 wellbore.
- How much is IKESTER worth?
- The remaining production from IKESTER is estimated to be worth about $3.7M in total as of 26 August 2026, within a range of $3.0M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IKESTER is a fraction of it. The estimate fits an Arps decline curve to the production IKESTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IKESTER is an estimate of value, not an offer and not an appraisal.
- How much income does IKESTER generate in a year?
- IKESTER is forecast to net about $938K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in IKESTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Geosouthern Operating II, LLC |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 290867 |
| Wellbores | 1 |
| Reported production | 7,727,879 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where IKESTER 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.