BEARD OL
BEARD OL is a Texas gas lease in Grimes County, Railroad Commission district 03, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 1997 to August 2026, totalling 6,066,862 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 $141K, with roughly $27K 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 1,351 thousand cubic feet a month. Its strongest month on the record we hold was June 2017, at 3,125 thousand cubic feet. 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 BEARD OL
- Who operates BEARD OL?
- BEARD OL is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is BEARD OL?
- BEARD OL is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 165231.
- Is BEARD OL still producing?
- BEARD OL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEARD OL is August 2026.
- How much has BEARD OL produced?
- BEARD OL has reported 6,066,862 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1997 and August 2026, from 1 wellbore.
- How much is BEARD OL worth?
- The remaining production from BEARD OL is estimated to be worth about $141K in total as of 26 August 2026, within a range of $117K to $165K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEARD OL is a fraction of it. The estimate fits an Arps decline curve to the production BEARD OL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEARD OL is an estimate of value, not an offer and not an appraisal.
- How much income does BEARD OL generate in a year?
- BEARD OL is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEARD OL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 165231 |
| Wellbores | 1 |
| Reported production | 6,066,862 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $141K |
Where BEARD OL 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.