RIGGS 20
RIGGS 20 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 March 2008 to August 2026, totalling 69,715 thousand cubic feet. The lease is intermittent. 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 $22K, with roughly $3K 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 86 thousand cubic feet a month. Its strongest month on the record we hold was July 2020, at 562 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 RIGGS 20
- Who operates RIGGS 20?
- RIGGS 20 is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is RIGGS 20?
- RIGGS 20 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 244438.
- Is RIGGS 20 still producing?
- RIGGS 20 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RIGGS 20 is August 2026.
- How much has RIGGS 20 produced?
- RIGGS 20 has reported 69,715 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2008 and August 2026, from 1 wellbore.
- How much is RIGGS 20 worth?
- The remaining production from RIGGS 20 is estimated to be worth about $22K in total as of 27 August 2026, within a range of $12K to $32K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIGGS 20 is a fraction of it. The estimate fits an Arps decline curve to the production RIGGS 20 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIGGS 20 is an estimate of value, not an offer and not an appraisal.
- How much income does RIGGS 20 generate in a year?
- RIGGS 20 is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RIGGS 20 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Hunt-Baggett (Strawn) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 244438 |
| Wellbores | 1 |
| Reported production | 69,715 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $22K |
Where RIGGS 20 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.