RIGGS "31"
RIGGS "31" is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2004 to August 2026, totalling 268,464 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 a standard royalty share at about $1K, with roughly $239 expected over the next twelve months.
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Hunt-Baggett (Strawn) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 207479 |
| Wellbores | 1 |
| Reported production | 268,464 mcf |
| First reported | September 2004 |
| Last reported | August 2026 |
| Estimated royalty value | $1K |
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.