CHALK ESTATE
CHALK ESTATE is a Texas gas lease in Howard County, Railroad Commission district 08, operated by Conoco Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1995 to August 2026, totalling 328,486 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 $3K, with roughly $404 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 7 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 2,144 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 CHALK ESTATE
- Who operates CHALK ESTATE?
- CHALK ESTATE is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
- Where is CHALK ESTATE?
- CHALK ESTATE is a Texas gas lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 153661.
- Is CHALK ESTATE still producing?
- CHALK ESTATE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CHALK ESTATE is August 2026.
- How much has CHALK ESTATE produced?
- CHALK ESTATE has reported 328,486 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1995 and August 2026, from 1 wellbore.
- How much is CHALK ESTATE worth?
- The remaining production from CHALK ESTATE is estimated to be worth about $3K in total as of 27 August 2026, within a range of $0 to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHALK ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production CHALK ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHALK ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does CHALK ESTATE generate in a year?
- CHALK ESTATE is forecast to net about $404 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHALK ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conoco Inc. |
|---|---|
| Field | Howard-Glasscock (Wolfcamp 7400) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 153661 |
| Wellbores | 1 |
| Reported production | 328,486 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where CHALK ESTATE 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.