PASKET
PASKET 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 September 1995 to August 2026, totalling 18,065,430 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 $8K, with roughly $990 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 30 thousand cubic feet a month. Its strongest month on the record we hold was June 2021, at 2,699 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PASKET
- Who operates PASKET?
- PASKET is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is PASKET?
- PASKET is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 156029.
- Is PASKET still producing?
- PASKET is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PASKET is August 2026.
- How much has PASKET produced?
- PASKET has reported 18,065,430 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 1995 and August 2026, from 1 wellbore.
- How much is PASKET worth?
- The remaining production from PASKET is estimated to be worth about $8K in total as of 26 August 2026, within a range of $4K to $11K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PASKET is a fraction of it. The estimate fits an Arps decline curve to the production PASKET has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PASKET is an estimate of value, not an offer and not an appraisal.
- How much income does PASKET generate in a year?
- PASKET is forecast to net about $990 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PASKET 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 | 156029 |
| Wellbores | 1 |
| Reported production | 18,065,430 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where PASKET 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.