EASY RIDER
EASY RIDER is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Chesapeake Operating, L.L.C. It has 5 wellbores on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 784,347 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 $12.6M, with roughly $3.0M 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 4,178 barrels a month, about 836 per wellbore. Its strongest month on the record we hold was April 2019, at 42,500 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 EASY RIDER
- Who operates EASY RIDER?
- EASY RIDER is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is EASY RIDER?
- EASY RIDER is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27660.
- Is EASY RIDER still producing?
- EASY RIDER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EASY RIDER is August 2026.
- How much has EASY RIDER produced?
- EASY RIDER has reported 784,347 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 5 wellbores.
- How much is EASY RIDER worth?
- The remaining production from EASY RIDER is estimated to be worth about $12.6M in total as of 26 August 2026, within a range of $10.4M to $14.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EASY RIDER is a fraction of it. The estimate fits an Arps decline curve to the production EASY RIDER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EASY RIDER is an estimate of value, not an offer and not an appraisal.
- How much income does EASY RIDER generate in a year?
- EASY RIDER is forecast to net about $3.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EASY RIDER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Giddings (Eagleford) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 27660 |
| Wellbores | 5 |
| Reported production | 784,347 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.6M |
Where EASY RIDER 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.