CHICO
CHICO is a Texas gas lease in Concho County, Railroad Commission district 7C, operated by HW Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2017 to August 2026, totalling 358,575 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 $242K, with roughly $86K 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 1,592 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 12,059 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 CHICO
- Who operates CHICO?
- CHICO is operated by HW Operating, LLC, Railroad Commission of Texas operator number 341598.
- Where is CHICO?
- CHICO is a Texas gas lease in Concho County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 284617.
- Is CHICO still producing?
- CHICO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHICO is August 2026.
- How much has CHICO produced?
- CHICO has reported 358,575 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2017 and August 2026, from 1 wellbore.
- How much is CHICO worth?
- The remaining production from CHICO is estimated to be worth about $242K in total as of 27 August 2026, within a range of $201K to $283K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHICO is a fraction of it. The estimate fits an Arps decline curve to the production CHICO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHICO is an estimate of value, not an offer and not an appraisal.
- How much income does CHICO generate in a year?
- CHICO is forecast to net about $86K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHICO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | HW Operating, LLC |
|---|---|
| Field | Bo-John (Tillery) |
| County | Concho County, Texas |
| RRC district | 7C |
| Lease number | 284617 |
| Wellbores | 1 |
| Reported production | 358,575 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $242K |
Where CHICO 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.