SNEED ESTATE B
SNEED ESTATE B is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2001 to August 2026, totalling 280,104 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 $33K, with roughly $4K 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 127 thousand cubic feet a month. Its strongest month on the record we hold was November 2018, at 419 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SNEED ESTATE B
- Who operates SNEED ESTATE B?
- SNEED ESTATE B is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is SNEED ESTATE B?
- SNEED ESTATE B is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 185033.
- Is SNEED ESTATE B still producing?
- SNEED ESTATE B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNEED ESTATE B is August 2026.
- How much has SNEED ESTATE B produced?
- SNEED ESTATE B has reported 280,104 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2001 and August 2026, from 1 wellbore.
- How much is SNEED ESTATE B worth?
- The remaining production from SNEED ESTATE B is estimated to be worth about $33K in total as of 26 August 2026, within a range of $26K to $40K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNEED ESTATE B is a fraction of it. The estimate fits an Arps decline curve to the production SNEED ESTATE B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNEED ESTATE B is an estimate of value, not an offer and not an appraisal.
- How much income does SNEED ESTATE B generate in a year?
- SNEED ESTATE B is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNEED ESTATE B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Panhandle, West (Red Cave North) |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 185033 |
| Wellbores | 1 |
| Reported production | 280,104 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where SNEED ESTATE B 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.