RUBY LEE
RUBY LEE is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 1,719,445 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 $217K, with roughly $50K 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 1,817 thousand cubic feet a month. Its strongest month on the record we hold was September 2022, at 6,596 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 RUBY LEE
- Who operates RUBY LEE?
- RUBY LEE is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is RUBY LEE?
- RUBY LEE is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 236013.
- Is RUBY LEE still producing?
- RUBY LEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RUBY LEE is August 2026.
- How much has RUBY LEE produced?
- RUBY LEE has reported 1,719,445 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2008 and August 2026, from 1 wellbore.
- How much is RUBY LEE worth?
- The remaining production from RUBY LEE is estimated to be worth about $217K in total as of 26 August 2026, within a range of $180K to $253K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUBY LEE is a fraction of it. The estimate fits an Arps decline curve to the production RUBY LEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUBY LEE is an estimate of value, not an offer and not an appraisal.
- How much income does RUBY LEE generate in a year?
- RUBY LEE is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RUBY LEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | B & B (Granite Wash) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 236013 |
| Wellbores | 1 |
| Reported production | 1,719,445 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $217K |
Where RUBY LEE 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.