WALTRIP
WALTRIP 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 May 1995 to August 2026, totalling 8,658,273 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 $4K, with roughly $514 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 126 thousand cubic feet a month. Its strongest month on the record we hold was August 2020, at 4,988 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 WALTRIP
- Who operates WALTRIP?
- WALTRIP is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is WALTRIP?
- WALTRIP is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 154729.
- Is WALTRIP still producing?
- WALTRIP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALTRIP is August 2026.
- How much has WALTRIP produced?
- WALTRIP has reported 8,658,273 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1995 and August 2026, from 1 wellbore.
- How much is WALTRIP worth?
- The remaining production from WALTRIP is estimated to be worth about $4K in total as of 26 August 2026, within a range of $3K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALTRIP is a fraction of it. The estimate fits an Arps decline curve to the production WALTRIP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALTRIP is an estimate of value, not an offer and not an appraisal.
- How much income does WALTRIP generate in a year?
- WALTRIP is forecast to net about $514 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WALTRIP 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 | 154729 |
| Wellbores | 1 |
| Reported production | 8,658,273 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where WALTRIP 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.