BOBBITT UNIT I LAS
BOBBITT UNIT I LAS is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 3 wellbores on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 567,033 barrels. 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 $3.0M, with roughly $640K 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 806 barrels a month, about 269 per wellbore. Its strongest month on the record we hold was May 2016, at 6,921 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 BOBBITT UNIT I LAS
- Who operates BOBBITT UNIT I LAS?
- BOBBITT UNIT I LAS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is BOBBITT UNIT I LAS?
- BOBBITT UNIT I LAS is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16918.
- Is BOBBITT UNIT I LAS still producing?
- BOBBITT UNIT I LAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOBBITT UNIT I LAS is August 2026.
- How much has BOBBITT UNIT I LAS produced?
- BOBBITT UNIT I LAS has reported 567,033 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 3 wellbores.
- How much is BOBBITT UNIT I LAS worth?
- The remaining production from BOBBITT UNIT I LAS is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.3M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOBBITT UNIT I LAS is a fraction of it. The estimate fits an Arps decline curve to the production BOBBITT UNIT I LAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOBBITT UNIT I LAS is an estimate of value, not an offer and not an appraisal.
- How much income does BOBBITT UNIT I LAS generate in a year?
- BOBBITT UNIT I LAS is forecast to net about $640K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOBBITT UNIT I 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 | 16918 |
| Wellbores | 3 |
| Reported production | 567,033 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where BOBBITT UNIT I 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.