ERNST LAS
ERNST LAS is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 220,793 barrels. The lease is intermittent. 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 $93K, with roughly $21K 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 184 barrels a month. Its strongest month on the record we hold was May 2016, at 1,825 barrels. 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 ERNST LAS
- Who operates ERNST LAS?
- ERNST LAS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is ERNST LAS?
- ERNST LAS is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16501.
- Is ERNST LAS still producing?
- ERNST LAS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ERNST LAS is August 2026.
- How much has ERNST LAS produced?
- ERNST LAS has reported 220,793 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 1 wellbore.
- How much is ERNST LAS worth?
- The remaining production from ERNST LAS is estimated to be worth about $93K in total as of 26 August 2026, within a range of $73K to $113K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ERNST LAS is a fraction of it. The estimate fits an Arps decline curve to the production ERNST LAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ERNST LAS is an estimate of value, not an offer and not an appraisal.
- How much income does ERNST LAS generate in a year?
- ERNST LAS is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ERNST LAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 16501 |
| Wellbores | 1 |
| Reported production | 220,793 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $93K |
Where ERNST LAS 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.