CHICKEN ON A CHAIN

CHICKEN ON A CHAIN is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Hadaway Consult And Engineer,LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 91,853 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 $988K, with roughly $351K 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 556 barrels a month. Its strongest month on the record we hold was June 2019, at 3,939 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 CHICKEN ON A CHAIN

Who operates CHICKEN ON A CHAIN?
CHICKEN ON A CHAIN is operated by Hadaway Consult And Engineer,LLC, Railroad Commission of Texas operator number 342392.
Where is CHICKEN ON A CHAIN?
CHICKEN ON A CHAIN is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70947.
Is CHICKEN ON A CHAIN still producing?
CHICKEN ON A CHAIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHICKEN ON A CHAIN is August 2026.
How much has CHICKEN ON A CHAIN produced?
CHICKEN ON A CHAIN has reported 91,853 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 1 wellbore.
How much is CHICKEN ON A CHAIN worth?
The remaining production from CHICKEN ON A CHAIN is estimated to be worth about $988K in total as of 27 August 2026, within a range of $770K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHICKEN ON A CHAIN is a fraction of it. The estimate fits an Arps decline curve to the production CHICKEN ON A CHAIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHICKEN ON A CHAIN is an estimate of value, not an offer and not an appraisal.
How much income does CHICKEN ON A CHAIN generate in a year?
CHICKEN ON A CHAIN is forecast to net about $351K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHICKEN ON A CHAIN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CHICKEN ON A CHAIN as filed with the Railroad Commission of Texas
OperatorHadaway Consult And Engineer,LLC
FieldCochran (San Andres)
CountyCochran County, Texas
RRC district8A
Lease number70947
Wellbores1
Reported production91,853 bbl
First reported
Last reported
Estimated royalty value$988K

Where CHICKEN ON A CHAIN 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.