SMITH FAMILY TRUST GAS UNIT
SMITH FAMILY TRUST GAS UNIT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 772,847 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 $25K, with roughly $4K 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 42 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 2,535 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SMITH FAMILY TRUST GAS UNIT
- Who operates SMITH FAMILY TRUST GAS UNIT?
- SMITH FAMILY TRUST GAS UNIT is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is SMITH FAMILY TRUST GAS UNIT?
- SMITH FAMILY TRUST GAS UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 236057.
- Is SMITH FAMILY TRUST GAS UNIT still producing?
- SMITH FAMILY TRUST GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH FAMILY TRUST GAS UNIT is August 2026.
- How much has SMITH FAMILY TRUST GAS UNIT produced?
- SMITH FAMILY TRUST GAS UNIT has reported 772,847 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2008 and August 2026, from 1 wellbore.
- How much is SMITH FAMILY TRUST GAS UNIT worth?
- The remaining production from SMITH FAMILY TRUST GAS UNIT is estimated to be worth about $25K in total as of 26 August 2026, within a range of $14K to $36K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH FAMILY TRUST GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SMITH FAMILY TRUST 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 SMITH FAMILY TRUST GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH FAMILY TRUST GAS UNIT generate in a year?
- SMITH FAMILY TRUST GAS UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH FAMILY TRUST GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Naconiche Creek (Rod.-TP Cons.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 236057 |
| Wellbores | 1 |
| Reported production | 772,847 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where SMITH FAMILY TRUST 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.