TRAYLOR NORTH

TRAYLOR NORTH is a Texas oil lease in Zavala County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 28 wellbores on file with the Commission. Reported production runs from January 2011 to August 2026, totalling 5,123,984 barrels. 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 $1.6M, with roughly $542K expected over the next twelve months. Over the last twelve months on file it averaged 45,569 barrels a month, about 1,627 per wellbore. Its strongest month on the record we hold was August 2024, at 132,156 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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.

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.