FLYING T-5 RANCH 294 LIP
FLYING T-5 RANCH 294 LIP 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 July 2012 to August 2026, totalling 387,696 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 $15K, with roughly $3K expected over the next twelve months.
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Pan Petro (Marmaton) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 269367 |
| Wellbores | 1 |
| Reported production | 387,696 mcf |
| First reported | July 2012 |
| Last reported | August 2026 |
| Estimated royalty value | $15K |
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.