LENA MAE 854
LENA MAE 854 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2006 to August 2026, totalling 1,456,621 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 $888K, with roughly $156K 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 3,985 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 6,013 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 LENA MAE 854
- Who operates LENA MAE 854?
- LENA MAE 854 is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is LENA MAE 854?
- LENA MAE 854 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 224259.
- Is LENA MAE 854 still producing?
- LENA MAE 854 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LENA MAE 854 is August 2026.
- How much has LENA MAE 854 produced?
- LENA MAE 854 has reported 1,456,621 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2006 and August 2026, from 1 wellbore.
- How much is LENA MAE 854 worth?
- The remaining production from LENA MAE 854 is estimated to be worth about $888K in total as of 26 August 2026, within a range of $737K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LENA MAE 854 is a fraction of it. The estimate fits an Arps decline curve to the production LENA MAE 854 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LENA MAE 854 is an estimate of value, not an offer and not an appraisal.
- How much income does LENA MAE 854 generate in a year?
- LENA MAE 854 is forecast to net about $156K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LENA MAE 854 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Kiowa Creek (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 224259 |
| Wellbores | 1 |
| Reported production | 1,456,621 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $888K |
Where LENA MAE 854 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.