DRGAC
DRGAC is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Chesapeake Operating, L.L.C. It has 2 wellbores on file with the Commission. Reported production runs from February 2019 to August 2026, totalling 480,209 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 $6.2M, with roughly $1.6M 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 2,215 barrels a month, about 1,107 per wellbore. Its strongest month on the record we hold was March 2019, at 32,246 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 DRGAC
- Who operates DRGAC?
- DRGAC is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is DRGAC?
- DRGAC is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27681.
- Is DRGAC still producing?
- DRGAC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRGAC is August 2026.
- How much has DRGAC produced?
- DRGAC has reported 480,209 barrels of oil (bbl) to the Railroad Commission of Texas between February 2019 and August 2026, from 2 wellbores.
- How much is DRGAC worth?
- The remaining production from DRGAC is estimated to be worth about $6.2M in total as of 26 August 2026, within a range of $5.2M to $7.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRGAC is a fraction of it. The estimate fits an Arps decline curve to the production DRGAC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRGAC is an estimate of value, not an offer and not an appraisal.
- How much income does DRGAC generate in a year?
- DRGAC is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DRGAC 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 | 27681 |
| Wellbores | 2 |
| Reported production | 480,209 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.2M |
Where DRGAC 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.