LAURA OL
LAURA 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 August 1996 to August 2026, totalling 2,827,051 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 $13K, with roughly $8K 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 251 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 3,968 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 LAURA OL
- Who operates LAURA OL?
- LAURA OL is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is LAURA OL?
- LAURA OL is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 161341.
- Is LAURA OL still producing?
- LAURA OL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAURA OL is August 2026.
- How much has LAURA OL produced?
- LAURA OL has reported 2,827,051 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 1996 and August 2026, from 1 wellbore.
- How much is LAURA OL worth?
- The remaining production from LAURA OL is estimated to be worth about $13K in total as of 26 August 2026, within a range of $10K to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAURA OL is a fraction of it. The estimate fits an Arps decline curve to the production LAURA OL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAURA OL is an estimate of value, not an offer and not an appraisal.
- How much income does LAURA OL generate in a year?
- LAURA OL is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LAURA 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 | 161341 |
| Wellbores | 1 |
| Reported production | 2,827,051 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $13K |
Where LAURA 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.