LEO CUELLAR GAS UNIT
LEO CUELLAR GAS UNIT 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 January 2006 to August 2026, totalling 1,294,870 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 $175K, with roughly $39K 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 1,847 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 3,372 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 LEO CUELLAR GAS UNIT
- Who operates LEO CUELLAR GAS UNIT?
- LEO CUELLAR GAS UNIT is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is LEO CUELLAR GAS UNIT?
- LEO CUELLAR GAS UNIT is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 216949.
- Is LEO CUELLAR GAS UNIT still producing?
- LEO CUELLAR GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEO CUELLAR GAS UNIT is August 2026.
- How much has LEO CUELLAR GAS UNIT produced?
- LEO CUELLAR GAS UNIT has reported 1,294,870 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2006 and August 2026, from 1 wellbore.
- How much is LEO CUELLAR GAS UNIT worth?
- The remaining production from LEO CUELLAR GAS UNIT is estimated to be worth about $175K in total as of 27 August 2026, within a range of $145K to $204K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEO CUELLAR GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LEO CUELLAR GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEO CUELLAR GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LEO CUELLAR GAS UNIT generate in a year?
- LEO CUELLAR GAS UNIT is forecast to net about $39K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEO CUELLAR GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Exsun (Lobo Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 216949 |
| Wellbores | 1 |
| Reported production | 1,294,870 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $175K |
Where LEO CUELLAR GAS UNIT 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.