HUGGINS
HUGGINS is a Texas gas lease in Gray County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2004 to August 2026, totalling 389,662 thousand cubic feet. 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 $94K, with roughly $14K 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 629 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 1,445 thousand cubic feet. 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 HUGGINS
- Who operates HUGGINS?
- HUGGINS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is HUGGINS?
- HUGGINS is a Texas gas lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 204018.
- Is HUGGINS still producing?
- HUGGINS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUGGINS is August 2026.
- How much has HUGGINS produced?
- HUGGINS has reported 389,662 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2004 and August 2026, from 1 wellbore.
- How much is HUGGINS worth?
- The remaining production from HUGGINS is estimated to be worth about $94K in total as of 26 August 2026, within a range of $73K to $114K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUGGINS is a fraction of it. The estimate fits an Arps decline curve to the production HUGGINS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUGGINS is an estimate of value, not an offer and not an appraisal.
- How much income does HUGGINS generate in a year?
- HUGGINS is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HUGGINS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Panhandle, East |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 204018 |
| Wellbores | 1 |
| Reported production | 389,662 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $94K |
Where HUGGINS 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.