BILL
BILL is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 219,732 barrels. 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 $1.3M, with roughly $302K 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 327 barrels a month, about 164 per wellbore. Its strongest month on the record we hold was June 2016, at 1,377 barrels. 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 BILL
- Who operates BILL?
- BILL is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is BILL?
- BILL is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08450.
- Is BILL still producing?
- BILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BILL is August 2026.
- How much has BILL produced?
- BILL has reported 219,732 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 2 wellbores.
- How much is BILL worth?
- The remaining production from BILL is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BILL is a fraction of it. The estimate fits an Arps decline curve to the production BILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BILL is an estimate of value, not an offer and not an appraisal.
- How much income does BILL generate in a year?
- BILL is forecast to net about $302K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Feldman (Tonkawa) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 08450 |
| Wellbores | 2 |
| Reported production | 219,732 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where BILL 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.