BENTON "U"
BENTON "U" is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Chinn Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 605,866 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 $1.2M, with roughly $248K 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 1,353 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 2,685 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 BENTON "U"
- Who operates BENTON "U"?
- BENTON "U" is operated by Chinn Exploration Company, Railroad Commission of Texas operator number 149423.
- Where is BENTON "U"?
- BENTON "U" is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 224405.
- Is BENTON "U" still producing?
- BENTON "U" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENTON "U" is August 2026.
- How much has BENTON "U" produced?
- BENTON "U" has reported 605,866 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
- How much is BENTON "U" worth?
- The remaining production from BENTON "U" is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $963K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENTON "U" is a fraction of it. The estimate fits an Arps decline curve to the production BENTON "U" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENTON "U" is an estimate of value, not an offer and not an appraisal.
- How much income does BENTON "U" generate in a year?
- BENTON "U" is forecast to net about $248K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BENTON "U" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chinn Exploration Company |
|---|---|
| Field | Minden (Cotton Valley Cons.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 224405 |
| Wellbores | 1 |
| Reported production | 605,866 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where BENTON "U" 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.