CHESTNUT A
CHESTNUT A is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Baytex Energy USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2024 to August 2026, totalling 197,437 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 $11.3M, with roughly $3.3M 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 5,764 barrels a month. Its strongest month on the record we hold was August 2024, at 22,096 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CHESTNUT A
- Who operates CHESTNUT A?
- CHESTNUT A is operated by Baytex Energy USA, Inc., Railroad Commission of Texas operator number 101444.
- Where is CHESTNUT A?
- CHESTNUT A is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21491.
- Is CHESTNUT A still producing?
- CHESTNUT A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHESTNUT A is August 2026.
- How much has CHESTNUT A produced?
- CHESTNUT A has reported 197,437 barrels of oil (bbl) to the Railroad Commission of Texas between June 2024 and August 2026, from 1 wellbore.
- How much is CHESTNUT A worth?
- The remaining production from CHESTNUT A is estimated to be worth about $11.3M in total as of 26 August 2026, within a range of $9.3M to $13.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHESTNUT A is a fraction of it. The estimate fits an Arps decline curve to the production CHESTNUT A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHESTNUT A is an estimate of value, not an offer and not an appraisal.
- How much income does CHESTNUT A generate in a year?
- CHESTNUT A is forecast to net about $3.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHESTNUT A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Baytex Energy USA, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 21491 |
| Wellbores | 1 |
| Reported production | 197,437 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.3M |
Where CHESTNUT A 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.