NEBLETT
NEBLETT 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 October 1996 to August 2026, totalling 1,795,789 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 $148K, 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 1,420 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 4,163 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 NEBLETT
- Who operates NEBLETT?
- NEBLETT is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is NEBLETT?
- NEBLETT is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 160839.
- Is NEBLETT still producing?
- NEBLETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEBLETT is August 2026.
- How much has NEBLETT produced?
- NEBLETT has reported 1,795,789 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1996 and August 2026, from 1 wellbore.
- How much is NEBLETT worth?
- The remaining production from NEBLETT is estimated to be worth about $148K in total as of 26 August 2026, within a range of $123K to $173K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEBLETT is a fraction of it. The estimate fits an Arps decline curve to the production NEBLETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEBLETT is an estimate of value, not an offer and not an appraisal.
- How much income does NEBLETT generate in a year?
- NEBLETT 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 NEBLETT 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 | 160839 |
| Wellbores | 1 |
| Reported production | 1,795,789 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $148K |
Where NEBLETT 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.