EAST PONDER UNIT
EAST PONDER UNIT is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Chief Oil & Gas LLC *. It has 1 wellbore on file with the Commission. Reported production runs from May 2003 to August 2026, totalling 3,276,026 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 $492K, with roughly $76K 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 3,209 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 6,851 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 EAST PONDER UNIT
- Who operates EAST PONDER UNIT?
- EAST PONDER UNIT is operated by Chief Oil & Gas LLC *, Railroad Commission of Texas operator number 148219.
- Where is EAST PONDER UNIT?
- EAST PONDER UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 197315.
- Is EAST PONDER UNIT still producing?
- EAST PONDER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EAST PONDER UNIT is August 2026.
- How much has EAST PONDER UNIT produced?
- EAST PONDER UNIT has reported 3,276,026 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2003 and August 2026, from 1 wellbore.
- How much is EAST PONDER UNIT worth?
- The remaining production from EAST PONDER UNIT is estimated to be worth about $492K in total as of 26 August 2026, within a range of $409K to $576K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EAST PONDER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production EAST PONDER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EAST PONDER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does EAST PONDER UNIT generate in a year?
- EAST PONDER UNIT is forecast to net about $76K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EAST PONDER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chief Oil & Gas LLC * |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 197315 |
| Wellbores | 1 |
| Reported production | 3,276,026 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $492K |
Where EAST PONDER UNIT 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.