BEN PARNELL 165 LIP
BEN PARNELL 165 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 April 2014 to August 2026, totalling 672,502 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 $739K, with roughly $235K 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 957 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 8,628 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 BEN PARNELL 165 LIP
- Who operates BEN PARNELL 165 LIP?
- BEN PARNELL 165 LIP is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is BEN PARNELL 165 LIP?
- BEN PARNELL 165 LIP is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 274437.
- Is BEN PARNELL 165 LIP still producing?
- BEN PARNELL 165 LIP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEN PARNELL 165 LIP is August 2026.
- How much has BEN PARNELL 165 LIP produced?
- BEN PARNELL 165 LIP has reported 672,502 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2014 and August 2026, from 1 wellbore.
- How much is BEN PARNELL 165 LIP worth?
- The remaining production from BEN PARNELL 165 LIP is estimated to be worth about $739K in total as of 27 August 2026, within a range of $576K to $902K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEN PARNELL 165 LIP is a fraction of it. The estimate fits an Arps decline curve to the production BEN PARNELL 165 LIP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEN PARNELL 165 LIP is an estimate of value, not an offer and not an appraisal.
- How much income does BEN PARNELL 165 LIP generate in a year?
- BEN PARNELL 165 LIP is forecast to net about $235K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BEN PARNELL 165 LIP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 274437 |
| Wellbores | 1 |
| Reported production | 672,502 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $739K |
Where BEN PARNELL 165 LIP 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.