GROVE STATE 72-21
GROVE STATE 72-21 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 2,391,019 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 $140, with roughly $18 expected over the next twelve months.
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Toyah, Nw (Shale) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 245271 |
| Wellbores | 1 |
| Reported production | 2,391,019 mcf |
| First reported | November 2008 |
| Last reported | August 2026 |
| Estimated royalty value | $140 |
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.