SNAVELY

SNAVELY is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2004 to August 2026, totalling 2,952,835 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 $101K, with roughly $15K 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 715 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 26,731 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 SNAVELY

Who operates SNAVELY?
SNAVELY is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is SNAVELY?
SNAVELY is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 208273.
Is SNAVELY still producing?
SNAVELY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNAVELY is August 2026.
How much has SNAVELY produced?
SNAVELY has reported 2,952,835 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2004 and August 2026, from 1 wellbore.
How much is SNAVELY worth?
The remaining production from SNAVELY is estimated to be worth about $101K in total as of 27 August 2026, within a range of $79K to $123K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNAVELY is a fraction of it. The estimate fits an Arps decline curve to the production SNAVELY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNAVELY is an estimate of value, not an offer and not an appraisal.
How much income does SNAVELY generate in a year?
SNAVELY is forecast to net about $15K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SNAVELY receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SNAVELY as filed with the Railroad Commission of Texas
OperatorChesapeake Operating, Inc.
FieldExsun (Lobo Cons.)
CountyZapata County, Texas
RRC district04
Lease number208273
Wellbores1
Reported production2,952,835 mcf
First reported
Last reported
Estimated royalty value$101K

Where SNAVELY 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.